am i reading the chart right?

Posted by whoknows 
am i reading the chart right?
June 20, 2014 09:53PM
Hi

I have looked at the chart for the stock LEADER.LAB.CUNLIFFE (Cunliffe to be Labour leader on nomination day).

if i hover the mouse over the the price chart it reads to me that 50 stocks were able to be purchased for just $0.001 at 13.16.22.

the stock though is generally trading high ie $0.80 plus

the volume graph though indicates at or around the same period (13.22.21) 91 stocks at $0.9987 were traded.

Was someone really able to buy 50 stocks for peanuts and instantly make $40 or more dollars depending on what they can or did sell them for? if so how does this come about?

thanks



Edited 1 time(s). Last edit at 06/20/2014 09:54PM by whoknows.
Re: am i reading the chart right?
June 20, 2014 10:12PM
yep, definitely looks like someone over-reacted to the leaked letter and sold all the way down to 0.001. Wish I'd been there to snap it up. The fact is the letter is not particularly incriminating.



Edited 1 time(s). Last edit at 06/20/2014 10:14PM by maxb.
Re: am i reading the chart right?
June 21, 2014 10:31PM
Seems too crazy to be true. Surely its more likely to be a glitch than someone selling those 50 stocks for a negligible 5c total. I was pretty stoked to pick up some shortly after for 0.75c each.
Re: am i reading the chart right?
May 15, 2015 04:50PM
There is often a decent bit of human error involved!
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