LGL
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0.86% $1.74 lynch group holdings limited

shocking lihir market depth, page-14

  1. goldmick
    524 Posts.
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    13/05/10
    13:47
    Post #: 6691601
    Forget market depth.

    The oldest trick in the book is if you want to buy in size you sit a few cents behind the offer in size , casuing sellers who want to get out to jump the que and hit the bids. Oldest trick in the book.

    Due you genuinely think that anyone who wants to buy in real size will want to telegraph his /her move by sitting their large order a few cents below the bid price for all to see?????
    LGL Price at posting: $4.13 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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$1.74 		Change
-0.015(0.86%) 		Mkt cap ! $172.7M
Open High Low Value Volume
$1.77 $1.77 $1.74 $12 7

Buyers (Bids)

No. Vol. Price($)
1 1000 $1.72
 

Sellers (Offers)

Price($) Vol. No.
$1.75 336 1
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