RE:RE:RE:Question for PatchhBy placing a large bid, even a low one, you change the chart readings for support levels. Keep in mind that there is a lot of automated trading these days and computers rely on data / numbers / chart readings for many of their transactions.
The higher the support level the less likely the odds are that the algo can drop shares to blow stops and scoop larger blocks of shares at a lower price. Trades such as this occur in the blink of an eye as they are executed by computers vs. someone manually calculating odds and entering the buy and sell orders.
No matter how you trade or what stock you are on, odds are there's a computer trying to freak you out into selling or one trying to jack the price up higher and higher to convince you to buy.
Only defense is to have a robust and long term investment strategy and to think longer term as to what will move the stock, eg spot prices for copper and this mine coming fully online at some point.
I noted before that I hold Long on this one. Willing to add at just about any price once we see progress on crusher and nameplate production being achieved. Basically I'm ignoring the price while I wait for the update I expect to see.