norbra Posted May 26, 2016 Share Posted May 26, 2016 (edited) I have been watching the SET ticker on one of the major banks,when many a substantial BUY order has been closed I have noticed a SELL order ,10% of the previous BUY order is instantly(exactly the same time stamp) traded. It appears that the BUYER is keeping the live market price DOWN below his BUY price with this strategy. Any thoughts? Intraday stats show BUY 75% SELL 25% but the market price has not reacted to this buying "spree" because of the repeated small sell orders keeping the price down Edited May 26, 2016 by norbra Link to comment Share on other sites More sharing options...
dabhand Posted May 26, 2016 Share Posted May 26, 2016 SET market manipulation? Surely not. Link to comment Share on other sites More sharing options...
willieaames Posted May 26, 2016 Share Posted May 26, 2016 Maybe some people just really, really like SET. Link to comment Share on other sites More sharing options...
joeyg Posted May 26, 2016 Share Posted May 26, 2016 The market has never "Not been Manipulated." For years most people were "snowed" Now no one knows wether to "shit or go blind!" Link to comment Share on other sites More sharing options...
gandalf12 Posted May 27, 2016 Share Posted May 27, 2016 definitely not, nothing like that would ever happen Link to comment Share on other sites More sharing options...
opalred Posted May 27, 2016 Share Posted May 27, 2016 take the blindfold off before you are broke Link to comment Share on other sites More sharing options...
lonewolf99 Posted May 28, 2016 Share Posted May 28, 2016 Don't believe anything you see, hear or read in any country where the people in charge openly walk about with firearms. Even when they visit injured tourists in a hospital to pass on their crocodile tear condolences..... Link to comment Share on other sites More sharing options...
Pattaya46 Posted May 28, 2016 Share Posted May 28, 2016 Hi I really doubt anyone could "manipulate" the price of a stock, mainly if it is "one of the major banks" as the volume of exchange may be in the 500-1'000 Million Baht and so you would need to invest a huge quantity of money to have a significant effect on such stock price Are you not mistaking the ATO/ATC with you "big seller" orders ? Link to comment Share on other sites More sharing options...
syke1912 Posted May 29, 2016 Share Posted May 29, 2016 This is called a cross trade. It is not manipulation. Thai markets are a tad behind the times. If one wantes to manipulate prices, they would do so via options Link to comment Share on other sites More sharing options...
syke1912 Posted May 29, 2016 Share Posted May 29, 2016 Hi I really doubt anyone could "manipulate" the price of a stock, mainly if it is "one of the major banks" as the volume of exchange may be in the 500-1'000 Million Baht and so you would need to invest a huge quantity of money to have a significant effect on such stock price Are you not mistaking the ATO/ATC with you "big seller" orders ? Well market makers are in the business of manipulating markets.. they make the price go lower/higher based on their exposure and prognostications. MMs help create an efficient market, since they profit from an inefficient market. Link to comment Share on other sites More sharing options...
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