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"L & L Energy Inc is currently engaged in the business of coal mining, coal consolidation, and wholesaling in the People's Republic of China and its operations are conducted in the coal-rich Yunnan Province in Southwest China."

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L&L Energy, Inc. > Manipulation with timed, 100 share sells

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Post by Cool_Scirocco on Sep 17, 2012 3:47pm

Manipulation with timed, 100 share sells

Seeing some timed 100 share sells into the bid at 2, 17 and 42 seconds of each minute.

We see this every now and then, as an algorithm tries to induce larger sells into the bid or trigger stop-loss sells, and allow the larger ordre to fill.

IMO, this is to allow covering or accumulation at a lower price.

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Comment by homestus on Sep 17, 2012 3:54pm

It's 1 year that you have been saying that! ... don't you think you might be wrong? ...

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Comment by Cool_Scirocco on Sep 17, 2012 8:55pm

It may happen for a day, and then it stops for awhile. IOW, it doesn't happen every day, all the time, but it does happen. You are foolish to think that it doesn't.

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