Great info Takashi. I've never thought about it that way.
QUOTE(Takashi @ Jul 24 2009, 11:17 AM)
i do believe, there r possibilities that ghost transaction is to check their position in order for them to pass volumn. if u r holding 20000 lots at certain price and u r intend to force the price down to create panic... then ur "partner" will Q at a lower price .. so if ur team able to buy at 1. which means that's ur Q.. u could continue sell for a big vloumn but the number of shares still among ur hand....if the public felt panic and throw all.. so the team will grap as much as possible for them to push to price later on...
anyway, just my point of view, do not take it as a professional advice or offical data/starement.
best regards
Ya kmarc, I've always thought that 1 lot is to annoy buyers/sellers. Once, I was queueing quite late in the 2nd session. I had somebody throw 3 lots to me. I waited patiently until almost near the pre-closing stage. Then the seller got tired of waiting and sold his entire 30 lots at my queue price.
QUOTE(kmarc @ Jul 24 2009, 12:35 PM)
I always thought it was a strategy to force somebody to sell.
Say you hold 1000 lots and Q to sell at RM5.00. That's the lowest price anybody wanted to sell. Somebody Q at RM4.90 but couldn't get. So, that guy "kacau" the RM5.00 Q by buying 1 lot which happens to be yours! You end up with a partial match of 999 lots PLUS you would need to pay the commision. If the Q doesn't go up, then it is either you keep the 999 lots and pay the commision or you are force to sell at a lower price i.e. RM 4.90.
That's what I think anyway. Don't listen to me as I'm just a noob....
