GREY:ALXDF - Post by User
Post by
goldopportunityon Mar 23, 2017 9:59pm
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Post# 26023741
Fwiw......
Fwiw......07td had been actively involved in many of today's sell trades. And all their trades were perfectly legal. However, imo I wonder if 07td may have had an agenda here. Consider the following timeline thingy...you might find it very interesting:
- no sells after 11:42 until 1:06 when 1K sold by 07td at .055
- then no sells from 1:06 until 2:39 when 07td cross-traded 10K at the day's .05 low
- no trades again, so at 3:01 07td does another 10K cross-trade at .05
- still no trades, so at 3:17 07td cross-trades 30K at .055 -- a half-cent higher than their previous cross-trade
When I see intermittent periods where the only trading done is through one house, then I get very, very suspicious. Was 07td trying to manipulate weak hands into selling at .05? Or was it just a series of innocent trades. The one thing I do know is that trading activity like this seems to happen more often than one might think (in many goldies). But this is all part of the game. Morale of the story: to be forewarned is to be forearmed. So we'll see what happens. Jmvho.
goldopp