Thanks for your post. Great educational stuff. I am very interested in learning more about the strategies of all market participants - so one can then stay ahead of the games played.
Yes, I am also intrigued. How does one recognize a dot trade v's BOT trade (or are they one in the same). We have been discussing 'short selling' here for some time (on the back of the BOT trades). However, from what you're saying the strategy that has been undertaken is some what different? i.e. the BOT (dot) is selling small quantities only to accumulate larger volumes at slightly lower prices?
If I may, can I ask for your to comment (or qualify) my breakdown of your post (in regards to the current PLA trading):
So what you are saying is:
1. The institution is dot selling is part of an accumulation strategy. Hence by continually selling small quantities into the market it gives the impression that the stock is being sold off. And impatient sellers (and stop loss orders) are then dumped onto the market?
2. The same institution then buys back stock (and more) at lower levels care-off impatient sellers?
You then go on to say that dot trading is a reliable indicator (90% correct). Do you mean you use it as a reliable BUY indicator?
Further, do you have any ideas/thoughts of what the common triggers for ending a dot trade strategy? Examples of your past experience?
Finally, in the case of PLA how would you expect the current (downwards) cycle and dot selling strategy to finish? The trigger: the When, What & Why?
Cheers
Gus
PLA Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held