Post by
givemeabreak1 on Nov 09, 2023 12:39am
Yes Bots are Everywhere!
Here a bot there a bot everywhere a bot bot! I am not sure you guys get it! Even I have difficulty moving shares on the venture as there is often just not enough volume on either the demand side or sell side! You need to have a large liquid market for computer trading to be relevant! Yes some goes on on the venture but very little in the scheme of things as the liquidity is not there. Program trading kicks in at a price point but the price point is meaningless when you often have such a large price spread in terms of percentage in order to either buy or sell meaningful volume! FYI meaningful volume is not a couple of million shares of a company worth .15 a share and a couple hundred million shares out. Heck when I first unloaded my Sitka shares I had to do it in 2 tranches otherwise I would just drive the SP down.
Comment by
givemeabreak1 on Nov 09, 2023 2:06am
And if you think the venture is tough try moving shares on the CSE oh my god tough slugging!
Comment by
givemeabreak1 on Nov 09, 2023 2:09am
Do not believe me check the shares offered up everyday ouch! If you want to move volume the price you get will be a massive spread! At anyrate it is Bingo money that you use to play these things just another lottery ticket!