GREY:NMKEF - Post by User
Post by
Mimibegaloon Sep 20, 2016 11:03am
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Post# 25255856
Manipulation 101
Manipulation 101So,
Anyone who have Level 2 and watching the trading activities yesterday and today will find that house 27 (dundee Securities Ltd) is pushing the price down by selling and buying to themselves.
When there is no volume, there computer sells 100 shares at the bid price exactly every 12 secondes and buy it at the same time creating a down trend. Average trader will then try selling there shares so they can buy at a lower price. And guess who will be the buyer? the same side who has been selling the 100 shares every 12 seconds.
So by liquidating some of the shares they have they are able to accumulate more shares at a lower price before the jump.
Again, look at the level 2 and you'll for sure notice this activities.
That's my theory
I first invested in NMX last year at 0.23$
I'll keep holding and i won't let those computers take my shares for cheap :)
Good luck