ETC entertainment media & telecoms corporation limited

the reason why etc is not moving

  1. 4,504 Posts.
    This whats happening and I just saw it then.

    Day Traders are buying at lets say .009c and then straight away are putting them on for sale at say 1c which is stacking up the sell side and making it look ugly hoping for the SP to move so they can sell out at a small profit (fair enough).

    As soon as they see perhaps it's not moving that quick they then on-sell again at their entry price which is making it all VERY difficult for the shareprice to go anywhere.

    From my point of view that is probably the MAIN reason the shareprice is finding it hard to stabilise or even move.
 
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