off goes another email to asx and asic, page-16

  1. 411 Posts.
    So factor this, factor this illiquid stocks are full of bots according to the posts could it be they are illiquid and people choose to buy only when the price is right you did not have to sell you could have held on if you believed in the speccie please disclose if your a disgruntled TA folllower.
    "LSL Luminus Systems today, 10 shares traded at 1.1 cents (previous sale 1.6 cents), total value 11 cents (plus brokerage for legitimate traders"
    Date Last % Change High Low Vol *
    21 Apr 2010 0.011 -31.25% 0.011 0.011 10
    17 Mar 2010 0.016 6.67% 0.016 0.016 10,250
    10 Mar 2010 0.015 -6.25% 0.015 0.015 290
    19 Feb 2010 0.016 0% 0.016 0.016 5,046
    12 Feb 2010 0.016 23.08% 0.016 0.016 25,0
    Speccie would not touch

    LGO
    Code Last % Chg Bid Offer Open High Low Vol
    LGO 0.009 0% 0.008 0.010 0.009 0.009 0.009 453,555

    Date Last % Change High Low Vol *
    22 Apr 2010 0.009 -10% 0.009 0.009 200,000
    21 Apr 2010 0.010 0% 0.010 0.009 152,000
    20 Apr 2010 0.010 0% 0.010 0.010 599,500
    19 Apr 2010 0.010 25% 0.010 0.009 362,500
    16 Apr 2010 0.008 -20% 0.011 0.008 7,155,123
    it actually went up for the week

    ub6ib9
    LSL had only one trade today for of 10 shares at 1.1c making it an 11 cent trade with 31.3% drop.
    Date Last % Change High Low Vol *
    21 Apr 2010 0.011 -31.25% 0.011 0.011 10
    17 Mar 2010 0.016 6.67% 0.016 0.016 10,250
    10 Mar 2010 0.015 -6.25% 0.015 0.015 290
    19 Feb 2010 0.016 0% 0.016 0.016 5,046
    12 Feb 2010 0.016 23.08% 0.016 0.016 25,000
    Code Last % Chg Bid Offer Open High Low Vol
    LSL 0.011 0% 0.011 0.020 0.000 0.000 0.000 0

    Yeah might have something to do with the market is not interested
    ADO
    22 Apr 2010 0.053 3.92% 0.053 0.051 3,649,539
    21 Apr 2010 0.051 -1.92% 0.052 0.050 1,771,819
    20 Apr 2010 0.052 4% 0.053 0.050 8,283,204
    19 Apr 2010 0.050 -1.96% 0.051 0.049 7,303,895
    16 Apr 2010 0.051 0% 0.052 0.051 3,460,000
    ADO 0.052 -1.89% 0.051 0.052 0.053 0.053 0.051 3,134,816
    up for the week thank the bot if you were in that.

    Seriously factor this you are grasping at straws stop waisting Gov dept time so they can follow the real manipulators. with their response i can only gather you have put yourself in the filing cabinet.
    Illiquid stocks are volatile by there nature if you believe in the company thank bot accumulation if your trading illiquid stocks you might want to change your trading plan.
    Good to see links to america & sec are still so prevasive just to remind you all we are in Australia,

    Gees CSL went down today bots were all over it

    Anyone care to respond to offer of a week ago still stands show me bot manipulation.illiquid stocks & their behaviour is not market manipulation.

    As i said before if someone likes a company has lots of money decides thay will scoop up any shares under X it is not illegal thay just set their price like we do & people should be happy their illiquid shares were scooped up if they didnot have LT time frame
    You buy illiquid shares for the lt not trading but each to their own







 
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