AFF Member Stock Discussion

[RSD]

Bit of a mixed day -
AUQ got line wiped a few times on its way from 4.3 to 4.7c then closed at 4.6c - the sell side has thinned out further.
FG1 didn't really do much despite announcing the discovery of a new high grade gold vein
HGO fell one pip on no news.

Lets see what Wall St delivers tonight - a fair bit of U.S. jobs data getting released at 22.30pm our time - will be interesting to see how real it looks given what happened last month.

 

[RSD]

Something I've only noticed tonight with AUQ - two of the biggest sell orders which together totalled about 1/3rd of the entire sell side - they've disappeared late today - they had been there for quite a long time. Now down to less than 2 million shares left for sale in total -

 

[Brissy1]

Something I've only noticed tonight with AUQ - two of the biggest sell orders which together totalled about 1/3rd of the entire sell side - they've disappeared late today - they had been there for quite a long time. Now down to less than 2 million shares left for sale in total -
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Not sure how much weight to put on displayed market depth. I think that many big buyers/sellers don't put in an order @ $.. as it creates a blocking (up or down) price so anyone who wants to trade would then put in a price below/above. So we don't know the big intentions. They buy/sell any outstanding when it gets to their price. Just a theory, and a generalisation.
Cove probably has a technique