GREY:DLTNF - Post by User
Comment by
kavern23on Apr 11, 2021 1:39am
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Post# 32973769
RE:RE:sellers!!!!!!!!!!!!!
RE:RE:sellers!!!!!!!!!!!!!I agree with you on the fake trades between accounts. I think it also it happening to some extent on some junior energy stocks as well.
Like it is commng to see a total of 12000 shares for sale and it says 25 orders. Like who the f*ck is really buying such small trades.
Also wierd how the market depth also shows strong market depth on the buy side at like 55 and 56 cents....like someone doesn't want it to fall and is sending a messaage. DN looks at have support at 55-57. Most days we are even holding 59 cents.
But it looks like someone is trying to cap er at 60....
Just need a day with high volume...it could take 500000 plus shares to get to 63.....who knows...
I am willing to hold this awhile so I dont really care.
If I buy more I will place my buy orders just above the stength on the market depth.
golfyeti wrote:
xkos48 wrote: where are all these sellers coming from,incomprehensible.
Heard of fake news? Well there is also fake trading. Orgs that frizbee x number of shares back and forth to themselves, between their own multiple accounts. I'd estimate that 85-90% of the trades are fake. Take a look. Do you really think those are all legit trades by legit investors? https://www.quotemedia.com/portal/time_sales?qm_symbol=DN%3ACC
If there were so many REAL sellers the share price would go down, but she is holding steady, well I would rather say she is being held down steady by those who want to shake out more shares and have no problem using deceptive trading to fooll and manipulate the uninitiated into selling.
They were holding it down at $0.495 a week or so ago...that is ....until I jumped up and grabbed some of those frizbee shares. SP gained 20% within 2 trading sessions.