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Bullboard - Stock Discussion Forum Centric Energy Corp V.CTE

TSXV:CTE - Post Discussion

Centric Energy Corp > Pre-Market Bids="Spoofing"
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Post by RRM53 on Oct 01, 2010 3:32pm

Pre-Market Bids="Spoofing"



 Pro Traders call it Spoofing the market- I thought they were going to ban this practice if done by a Pro.

All he is probably doing is seeing how much stock is for sale on the opening up to a certain price.

My guess is one morning they will do this and then scoop all the stock offered and take it higher.

Good looking Company and seems to have some big hitters at Haywood on board.

The other thing spoofing does is disappoint other traders and may encourage them to sell-my guess is they want all the stock they can get at these prices.
Comment by PaleRider22 on Oct 01, 2010 7:32pm
Thanks for the post...always good to know what the market makers might be up to...GLTA
Centric Energy Corp
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