NEM
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4.25% $66.41 newmont corporation

Hi all,I am currently trading Newmont Mining (NEM) and was...

  1. tempril
    126 Posts.
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    11/05/09
    17:54
    Post #: 5121541
    Hi all,
    I am currently trading Newmont Mining (NEM) and was puzzled by the trading this afternoon. All was fine, the stock was trading at 11 cents up ($5.70) for the day, then someone/thing decided to put in some trades at $5.68, $5.66 and then $5.61 and the trades only held between 5 and 200 shares.
    My question is, Why would someone put in trades on a low volume stock 2 cents down with only 5 shares?
    Would this not be manipulation of a stock?
    NEM Price at posting: $5.61 Sentiment: Buy Disclosure: Held
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(20min delay)
Last
$66.41 		Change
-2.950(4.25%) 		Mkt cap ! $10.55B
Open High Low Value Volume
$67.70 $67.70 $66.34 $66.28M 993.3K

Buyers (Bids)

No. Vol. Price($)
1 4320 $66.41
 

Sellers (Offers)

Price($) Vol. No.
$66.43 208 1
Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
NEM (ASX) Chart
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