Hey crystalvoyager, if ELK is so "ILLIQUID" as you describe it,...

  1. 1,971 Posts.
    Hey crystalvoyager, if ELK is so "ILLIQUID" as you describe it, why is the market depth 17 buyers for 657,480 units and 15 sellers for 457,465 units with bids on both sides right down the line at half cent intervals bar for 10.5c on the buy, todays so called "trades" were in all likelihood one bot selling to another bot. Oh and good luck if you want to buy 10,000 ELK or any other "ILLIQUID" stock through comsec, i hate to be the bearer of bad news, but comsec wont break up orders of 10k into small parcels for the one brokerage to suit their clients needs, each and every one share trade you have to whack up $21.90, if you are lucky enough for an obliging selling BOT to drip feed you a few at a time for a few weeks to get your fill, then you're cookin with gas, one brokerage for you then sir. But if YOU decide to get on the front foot and hit the sellers one share at a time, your brokerage bill will cost you an all expenses overseas holiday. Try it f you dont beieve me. You seem very anti anyone that speaks ill of bots, why is that so ? If you actually use them to "trade" that would explain it, but it doesn't make this kind of activity right or legal, read the 2001 corporations act, it's on a thread here somewhere. You clearly have it in for the likes of me, so i wont get into a slanging match with you, i'm on my last warning for using "profanities" and will be permanently banned next time.

    Peace
 
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