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Sick of traders keeping prices low

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NewTrade

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13 August 2011
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I know I've mentioned this before, but I am just sick and tired of this trade practice.

Every time the price goes up, some trader flicks off a parcel to bring the price back down. This automatic flicking is getting really annoying because it not only keeps the price down in the red, but is effecting the charts with an abnormal pattern. The parcels are always small - and the dishonesty is frustrating.

Watching some idiot sell into himself with small parcels to coerce others to sell into his bids is just plain annoying. It seems to stand out when dealing with small caps.
 
Im afraid your dealing with something which isnt as Sinister as you "imagine"

IF there is serious demand for an instrument "Small Parcels" wont stop it belting up.

The stock you are trading are NOT in DEMAND.

Now calm down take a valium and the guys in the Black suits and Aviator sunnies will be around shortly.

Men in black.gif
 
tech/a said:
Im afraid your dealing with something which isnt as Sinister as you "imagine"

IF there is serious demand for an instrument "Small Parcels" wont stop it belting up.

The stock you are trading are NOT in DEMAND.

Now calm down take a valium and the guys in the Black suits and Aviator sunnies will be around shortly.

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The stock in question HAS DEMAND.

I am watching some fool sell into himself.

Throwing off everything that does not meet your benchmark of abnormality does not qualify you to give sarcastic remarsk insinuating that I am some sort of paranoid schitzophrenic - you are a rather insulting individual.
 
:banghead:

Yeah you're right, it is these "idiots" who are keeping the price in the red, couldn't possibly be any other factor.

And why is it dishonest? Last time I checked you were allowed to sell parcels of any size you wanted, without declaring it to the world.

Maybe instead of watching every single trade on a stock you just let the price action play out over a given number of days/weeks/months or whatever your time-frame is.

If someone is really trying to coerce people into sell maybe you should view it as a sign of strength and sit back and wait for the inevitable price rise, if of course that is really what is happening.

And just lmao off at "is effecting the charts with an abnormal pattern" - what exactly is an abnormal chart pattern? In other words a chart that doesn't conform to your view of the stock.

It is a part of the market, get used to it. I love how people complain about stuff like this but it's okay when the same traders push the price through the roof.
 
NewTrade said:
I know I've mentioned this before, but I am just sick and tired of this trade practice.

Every time the price goes up, some trader flicks off a parcel to bring the price back down. This automatic flicking is getting really annoying because it not only keeps the price down in the red, but is effecting the charts with an abnormal pattern. The parcels are always small - and the dishonesty is frustrating.

Watching some idiot sell into himself with small parcels to coerce others to sell into his bids is just plain annoying. It seems to stand out when dealing with small caps.
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I agree completely. We should ban people selling small parcels as that is clearly dishonest. Honest people sell big parcels - a simple fact.

While we are at it, if we simply ban selling all together prices cannot possibly fall. All investors will be rewarded and the market is a much more orderly place.

Don't you start asking how we can buy shares if no one is selling... that's just minor detail in the whole scheme of things.
 
skc said:
I agree completely. We should ban people selling small parcels as that is clearly dishonest. Honest people sell big parcels - a simple fact.

While we are at it, if we simply ban selling all together prices cannot possibly fall. All investors will be rewarded and the market is a much more orderly place.

Don't you start asking how we can buy shares if no one is selling... that's just minor detail in the whole scheme of things.
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But selling into yourself to keep the price low is fine I guess?

The problem here is people are looking at parcel orders and replying with "Parcels orders are fine - you are nuts"... That is not the issue here. This person is cleary selling into himself.

What a bunch of cynics - don't bother replying if you are going to talk sarcastic crap.
 
NewTrade said:
But selling into yourself to keep the price low is fine I guess?

The problem here is people are looking at parcel orders and replying with "Parcels orders are fine - you are nuts"... That is not the issue here. This person is cleary selling into himself.

What a bunch of cynics - don't bother replying if you are going to talk sarcastic crap.
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lol. How do you even know hes selling to himself? Are there no other bidders in the market? More likely someone else on the bid is getting small parcels of cheap stock.

Is he artistically keeping the price low or trying to get out without spooking the mkt?

What stock are you looking at?
 
NewTrade said:
But selling into yourself to keep the price low is fine I guess?

The problem here is people are looking at parcel orders and replying with "Parcels orders are fine - you are nuts"... That is not the issue here. This person is cleary selling into himself.

What a bunch of cynics - don't bother replying if you are going to talk sarcastic crap.
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Exactly how does one profit by selling to him/herself?

And why do you think people are giving you sarcastic crap?
 
I've often wondered if it's a computer program that’s doing the selling when it is consistent instead of some guy hitting the sell button all day.
 
skc said:
Exactly how does one profit by selling to him/herself?

And why do you think people are giving you sarcastic crap?
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I always imagined that it is not for direct profit - merely coercing (un-informed) sellers to bail into his bid.

Throw a bid for 50,000 units at 54.5, price hits 55, throw a parcel into yourself for 54.5 of about 200 units (w/e jst needs to be small). Coerce some bloke to throw his holdings a half a cent cheaper. This only works if you are trying to obtain large amounts of holdings that would most likely exceed the ask volume of a price.

Perhaps there is certainty in the mind of that fellow that this share will jump, and he wants to obtain maximum profit in the end.
 
MrMomentum said:
I've often wondered if it's a computer program that’s doing the selling when it is consistent instead of some guy hitting the sell button all day.
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Personally I don't trust computers doing it. That's why I hire a Monkey to do these small parcel selling for me.

You can hire them at www.hireatradingmonkey.com. The more experienced the higher the rate.
 
NewTrade said:
I always imagined that it is not for direct profit - merely coercing (un-informed) sellers to bail into his bid.

Throw a bid for 50,000 units at 54.5, price hits 55, throw a parcel into yourself for 54.5 of about 200 units (w/e jst needs to be small). Coerce some bloke to throw his holdings a half a cent cheaper. This only works if you are trying to obtain large amounts of holdings that would most likely exceed the ask volume of a price.

Perhaps there is certainty in the mind of that fellow that this share will jump, and he wants to obtain maximum profit in the end.
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OK. Go through the course of sales and calculate how many shares he is able to obtain at 54.5 vs how many shares he's sold. How many more shares has he got now compared to the start?
 
skc said:
OK. Go through the course of sales and calculate how many shares he is able to obtain at 54.5 vs how many shares he's sold. How many more shares has he got now compared to the start?
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I can't determine with certainty a solid number. All I see is numbers, not faces or handles. Any information I give you from this point on isn't solid, and can be argued against... So why bother...
 
NewTrade said:
I can't determine with certainty a solid number. All I see is numbers, not faces or handles. Any information I give you from this point on isn't solid, and can be argued against... So why bother...
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So you choose to stay with the suspicion that someone is selling into himself in order to profit, but you can't determine the fact based on the information available. Why?
 
skc said:
So you choose to stay with the suspicion that someone is selling into himself in order to profit, but you can't determine the fact based on the information available. Why?
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Because I don't think I am qualified to make such a solid distinction and am only able to speculate.

Watching new replenished bids put in, and small parcels being thrown into those bids in right after the price jumps a point is suspicious enough to warrent such a speculation.
 
Don't enter stocks that get manipulated by bots. I told you that the other day New. Then you went and did it again. Check course of sales and stop complaining.
 
NewTrade said:
Because I don't think I am qualified to make such a solid distinction and am only able to speculate.

Watching new replenished bids put in, and small parcels being thrown into those bids in right after the price jumps a point is suspicious enough to warrent such a speculation.
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Prob just an algo with a 'sell over day instruction'
 
you are a rather insulting individual.
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Compliment accepted. Nice to see my work recognized for what it is.

SKC
And I thought I had a strangle hold on ASF sarcasm.

Ill have to resort to Hyperbole
and Litotes
 
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