Quote from: Luttinen on April 07, 2014, 12:26:55 AM

Quote from: mikemikemike on April 07, 2014, 12:13:47 AM

No, you don't get it.

What just happened was obvious, I've seen it hundreds of times, your just trying to manipulate it to fill your own agenda.

I'm ending this, it's clear we are not going to agree.

If anyone comes out and buys half a million shares over the next day or two then ill know you we're right. But that's not going to happen.

They were trying to make a quick profit, and it worked initially, until the market stopped responding, and they got hit.

If you'd ever tried to manipulate a market before you would understand.

Let me give you an example.

Say I want to buy Neobee shares, ok? I want them at cheapest price possible. Key is to buy without driving up the price.

If there are big desperate sellers out there I want to give them the chance to sell at a low price their whole amount, thus placing a big order makes sense and I won't drive up the price like crazy. Seller doesn't know I'm ready to bid up to say 0.0009 so he'd be happy to sell me at 0.0003 a big chunk.

On the other hand, if I keep the sell wall for too long, I'll drive up the price in no time. Of course if I leave wall out for too long, others will get ideas that something's going on and will try to front run me, so makes sense to remove the wall for frenzy to go away to give chance again to buy low.

This was an interesting test that showed to amazement of some there are no huge sellers out there. What I would do I were that buyer, I'd just put smaller buy orders every now and then to catch the smaller fish. Of course takes patience and can be boring. Big guys have small fish that do this boring task for them.

That's a pointless test given the situation.

Firstly, there are not enough people with 500k+ shares, or even 50k+ shares to sell out that quickly

Secondly, given the uncertainty, it would have been obvious as soon as a buy order that big is placed the market would shoot up almost immediately

Why wouldn't they just save the hassle and get a cheaper price by buying the shares off exchange?

Also, if they were buying they would only be doing it on insider information, so why would they stop on a sunday evening right before the week starts and business starts moving again? Potentially losing out on there advantage as more information comes to light?

Why wouldn't they just do thre obvious thing and do what either i have suggested iabove or you have suggested with the slow orders?

It's a pretty idea but it doesn't fit at all with the situation, anyone with that sort of funds trying to do what you are saying could have done it many other ways in allot better fashion

It doesn't make sense.

Yet, a pump and dump makes perfect sense and falls perfectly inline with what we saw.

I'm out. You seem like a nice and smart guy, but I think your looking far too much into this to get the outcome you want.