Have seen these sort of tactics on both sides of the sheet before. Typically they find a stock with a very short list on the buy side and place an outrageous bid like this. If the market moves suddenly, sometimes the buy side gets swallowed up quickly as holders dump "at market price". With luck they pick up some very cheap shares.
Motto: never place orders buying or selling "at market price"
Have seen these sort of tactics on both sides of the sheet...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
