MML
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2.41% 85.0¢ medusa mining limited

Downtick Algo Bot, page-3

  1. McNoob
    330 Posts.
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    08/11/17
    10:50
    Post #: 28596861
    To clarify... there are now 2 Algos/Bots!

    What happens is that whenever someone pays up at the best offer...

    A first algo immediately pays down 100-400 shares to the best bid, sometimes 10% or more below the last traded price.

    Then...

    A second algo immediately offers the shares the first algo sold it, 1 tick below the best offer.

    Algo battle! =D
    Last edited by McNoob: 08/11/17
    MML Price at posting: 44.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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