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PC Gold Inc Ord PCGLF



GREY:PCGLF - Post by User

Comment by lakeside03on Jan 20, 2012 1:17pm
262 Views
Post# 19427553

RE: RE: Assay Results

RE: RE: Assay Results

Another trick they like to use ...such as TD just did is let the ask come down to 1000 shares at 0.38....showing 1 lot on the ask side, leaving a buyer to think that if they buy the one lot up the ask will move to 0.385.....WRONG.... they have their asks set up in units so that only 1000 lots at a time will show up at a certain ask level.  As soon as the 1000 shares are sold another lot is waiting to take it's place at the same price level.... keeping the ask exactly where it was.....at 0.38

  In TD's case another 15000 ask at 0.38 showed up instantly the moment the 1000 shares were bought at 0.38  TD could have 400,000 waiting to sell at 0.38  but it will only show up in small lots.  Selling at incremental units.  Buyers must beware of this.

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