Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

Idiots

Reply
New Contributor
what on earth are these players doinf selling 14 shares and drop the price by 137cens and takes us all on the rolecoaste with them... the smaltimes must go and work and stay home unbelievable
0 Kudos
3 REPLIES 3
New Contributor
Somebody is playing placing a bid and somebody else acepting the bid to drive down the price as they Know there is no Volume trading and driving the price Down.. Insider trading at its worst....
0 Kudos
Super Contributor
This also drives the price through most stop losses which should have placed some sell orders on the market. What is killing my theory is that the last trade was done at nearly 2pm which should have caused the frenzy soon afterwards.
0 Kudos
Super Contributor
The are simply trying to bring you down to their price by breaking the parcel on offer and hopefully putting you in a position where you may as well sell the balance to dilute the cost. The overall effect is to drop the price to their required level. This is most pronounced in highly illiuid shares. If they are looking to accumulate a position, the cost if of no significance to them in the long run. They are really not thinking about stops on a share that hardly trades.
0 Kudos