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NanoLogix, Inc. Message Board

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  • otownbooks otownbooks Dec 22, 2010 12:28 PM Flag

    strange mm activity

    ok heres what i found on auto, tehy use advanced trading strategies to designed to execute large orders with minimal market impact

    ... large orders with minimal market impact

    so, thats what auto is about using algorithms to buy large amounts of shares without trying to move share price.. interesting stuff indeed

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    • they work with large instutional investors, they have a special service called auto-pilot, you can use it to request a large order of shares and they will execute it over time at different prices and they claim they can get you lower prices for more shares using their algorithms, again monday was the first day i have seen auto trade this stock, previously they had sat on the bid at .0001 for years

      • 1 Reply to otownbooks
      • my best guess is someone or some institution has placed a large order for nnlx through auto, now it might be executed over a few weeks or a few months, either way this points to someone interested in taking a sizable position here, it may not translate into pps rise immediately but its my professional opinion that it will add upward pressure to the stock over the long term,... my opinion only GLTA, my advice is buy and hold long

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