PMH 0.00% 26.0¢ pacmag metals limited

If you have 100,000+ shares want to move, you can either do it...

  1. 437 Posts.
    If you have 100,000+ shares want to move, you can either do it in one day with a unfavorable price, or siting there for a week to get it cleared.

    In the past yes, but over the past week that's not been the case has it?

    Multiple times this week a 100k+ parcel has appeared for sale, been gobbled up from off screen shortly after, then a tiny parcel instantly sold down.

    Its illiquidity makes it easier keep the price down in this fashion. Isn't this common practice for a broker instructed to accumulate a large position in an illiquid stock?

    No manipulation whatsoever!

    Possibly not... it could be a coincidence, or it could be an algo' triggered on volume (poorly setup + stupid broker if that's the case).

    I'm still gonna lean towards manipulation though...

    Either way, it shouldn't matter in the long run huh?
 
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