PIH 0.00% $4.90 prime infrastructure group.

how do they wipe all these buy lines?

  1. 1,720 Posts.
    Anyone who didn't have the chance to keep a watch on the trading here today you may now be wondering about today's movement from 4.0 to 4.23 if you are now checking the depth after 8pm or so tonight as all that is showing now after 8pm are 3 buys at 3.0 & 3.20 for a total of 2,860 units

    Well I took a few snaps of the depth, one at 4:11pm, another at 5:20pm, and one more at 8:30pm (can't figure how to paste them here though)

    At 4:11pm 26 buy orders for total of 144,236 units, price range 3.0 to 4.19 with all but 4 lines 4.0 to 4.19

    At 5:20pm 16 buy orders for total of 122,916 units, price range still 3.0 to 4.19 , again all but 4 lines 4.0 to 4.19

    Pretty normal so far, but 8:30pm someone has waved a magic wand and wiped everyone's buy orders just except 3 separate orders for total of a whopping 2,860 units, and wait for it, the orders left behind are for the 2 lowest prices that were in the depth

    To all retail holders, I don't know if you are able to wipe out all buys after 5:20pm, all except the 2 lowest that is, but I can't, so I know after watching and trading this one since it changed to Prime that there is a party or parties who are BOT trading this and they have been picking up any retailers who are crazy enough to throw their stock on the sell line when driven down with their very small BOT volumes by their algorithmic trades on both the buy and sell lines.

    Their small BOT buy/sells are easy to spot and they have been buying and selling to themselves a lot and then draw in holders like us, when the volume has been there in the past I've joined in but certainly not when it's driven down by their BOTs on very low buy/sell trades with sometimes 10 to 20 lines going through with just 1 share traded on each

    Manipulation to the max....

    Be careful they are after your stock, have a look at the course of trades any day and see the pattern, it repeats all the time with quite a lot of single trades



 
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