SDL 0.00% 0.6¢ sundance resources limited

Yesterday's Trading

  1. 174 Posts.
    Well, well, well .....
    The big boys shook the tree, the crop was very ripe and they made a killing !!!

    Some facts:
    On Chi-X there was 206 trades for a volume of 2,795,172 giving an average of 13,569 per trade. This is within the range of the last last couple of weeks. No big deal.
    On the ASX up until 15:59:59 there were 1227 trades for a volume of 21,790,515 giving an average of 17,759 per trade. This is an increase in the number of trades and volume over the last couple of weeks. But the volume per trade is within the range of the last last couple of weeks. No big deal and probably not a significant difference (no sig tests applied) between Chi-X and the ASX.

    The interesting bit:
    From 15:59:59 until 16:10:44 there were 67 trades for a volume of 30,451,735. That's more in 67 trades than for the whole session !!!. It gives and average for the 67 trades of 454,504 per trade. No need for any significance test - it is a big deal !!!

    And it continued .....
    In the 1 hour, 28 mins and 8 secs, up until the last trade at 17:38:52, there were 7 trades for another 20,645,140, nearly the same volume as for the whole day (up until 15:59:59). This is an average of 2,949,306 per trade. Another big deal !!!!

    Now, if any "mum and dad" shareholders out there naively believe that this market is fair, think again.
    The "big boys" are manipulating the market to mop up as much as they can.
    The "downrampers" undermine the confidence of the "M&D" shareholders, the "big boys" come along, shake the tree and "steel" your shares.
    Don't listen to the rubbish and lies of what some people post here, do your own research, watch the market closely, watch the volume closely and make up your own mind.

    PS. Great post PikaPika. How some people can "muddy the waters" by confusing passion and belief in a company to "working" for the company is beyond me.

    GLTA the passionate believers in this company.
    Cheers,
    P
 
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