A bro whos a regular on here said he saw bots in action this afternoon. Sounds like bots to me, picking away trying to trigger stop losses and a price fall so they can buy up. Report them - bots are the evil enemy.
Oh dear.......
these "evil" bots are merely an automated broker program for hiding orders.Someone may have a large parcel or ANY parcel actually for sale/to buy and it is a program provided by various brokers so they can do there order without exposeing it.
On a low volume stock like AUT sometimes it pays to use this method so you dont scare the buyers off with larger sell orders
anyone can do it IB provides this service.
there are numerous threads on ASF in regards to this practise.
nothin "evil" or conspiratory about it .
on a side note todays main VOLUME action was around the lows of the day and the pumps along the way were immediatly sold into . Check Vwap and course of sales.
My target of 66-72/73 and analysis still stands at present but happy to jump on as a trade if proven wrong.
Provocative and unnecesary.
. Similarly an ordinary person cannot place orders in such small parcels economically, hence another breach. Mark my words, IMF or Slater and Gordon will sieze on this in a few years time and go after purpetrators with a big class action like the banks are currently facing.
.
?
Why? because i provided facts ?
This thread is unbelievable! provide facts with no abuse and name calling??? WTF??... oh i know why ....lol its because it exposed some of the made up rubbish that gets posted in threads at times.
DEAR ASF READERS PLEASE DO YOUR OWN RESEARCH WHEN LISTENING TO POSTERS IN THESE THREADS.
thankyou.
Nun , with respect where are the facts. .
I don't say bots are evil but I do say there is always a reason for them to be active. I like to know they are active in any stock I am interested in and I particularly like to know whether they are buying or selling. My actions in buying or selling are influenced by bot action. I also believe that in order to have a level playing field that brokers should have their orders placed without being hidden in any way, the same as my orders are there for everyone to see.
ppl may not agree with this algo trading ( bots as ppl like to call them ) but its a fact of life and one merely has to see it for what it is ...... another type of order.
condog
i must admit i get a laugh from NUN's posts , low on content & high on humour, please keep it up otherwise it gets a bit boring.
Actualy the u=undisclosed buy/sell bids have been popping up with increasing frequency in the last two or three weeks. ITO is a perfect example. Sometimes you can get a rough estimate of their size in the opening and closing auctions.
I note that another week has ended and AUT closed on $0.82. Those resistance levels are certainly proving a stumbling block. That and the sell down volumes. I guess people are still cashing out their share take up for the quick profits.
condog
ReachForTheSkies
Join Date: Oct 2009
Location: FreeFromTheThoughtPolice
Posts: 1,070 Re: AUT - Aurora Oil and Gas
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A bro whos a regular on here said he saw bots in action this afternoon. Sounds like bots to me, picking away trying to trigger stop losses and a price fall so they can buy up. Report them - bots are the evil enemy
http://www.interactivebrokers.com/en/p.php?f=orderTypes
Dear condog my posts are not an attack on you as a person merelyy providing facts for the garbage you are passing off as "bro " talk which is unerifiable and in breach of ASF rules in regards to rumours . please refrain from doing so as asked by Joe earlier
thankyou
Nun.. comon dude, why do you keep posting here and putting wood into the fire?
*
extract of interest FROM
http://www.ibtimes.com/articles/359...s-liquids-ngls-coal-offshore-drilling-gom.htm
according to Stansberry & Associates Investment Research Founder Porter Stansberry. Porter, who built his reputation on finding safe-value investments poised to give his followers years of exceptional returns, also has a reputation as an independent thinker with a penchant for "out-of-consensus" viewpoints. He shares some of his contrarian opinions in this exclusive interview with The Energy Report.
...
PS: In my mind, horizontal drilling and the existence of liquids in these shales is the game-changer for the energy business, and I really don't think people appreciate how big a change it's going to be or how large the production from these fields is going to be. But there is one big hiccup in all of this.
TER: What's that?
PS: There are a lot of environmental concerns about the fracking process, and I don't think that they're going to go away. Thus, I anticipate much tighter controls going forward on the horizontal drilling technologies that these companies have been using, which will make drilling progressively more expensive. Right now a single well costs them about $5 million to drill, but it wouldn't surprise me at all to see the price increase significantly to $10 million or $15 million per well just because of the costs of using these chemicals and making sure they get cleaned up.
...
I think the difficulty is trying to produce these wells in a way that isn't very destructive to the environment, because horizontal drilling and the fracking process are very disruptive to groundwater supplies. They have to be really careful where they do this kind of drilling to avoid the risk of contaminating a large reservoir.
That is why. Other people read these threads also and may be swayed by unfactual rumours and other stuff posted here
I have no problem with any of the FACTUAL analysis provided in this thread whatsoever
and as far as my posts being AUT unrelated i disagree , my posts and copies of posts are in DIRECT discussion about fridays trades
Just keeping it real
Still waiting to see some semblance of this mythical analisys the nun speaks of so frequently.
, .
Where are the mods because this thread is another fine example of just how far downhill this site has gone.
Nunthewiser I have my stop in at 0.75.
I still consider 0.82 cents to be a minor support level and was happy to buy off it even if intraday trades offered a cent or two discount.
I doubt it's going to get hit but if we have a duster or the POO collapses then anythings possible.
Oilprice is starting to give 90 dollars a nudge and looking pretty bullish and that is one key driver going forward
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