Cemtrex Inc (CETX)

[AXE_EVERYTHING]

actually

i can put a huge sell order on the ASK on this stock

and when I do that, almost instantly someone sells into the BID


example
BID 70 x ASK 80
BID 1000 shares by ASK 1500 shares


that example everthing looks normal, right??

so what I do is this, to drive the stock down

I put a sell order on the ASK at 80cents
my sell order is for 80,000 shares
so now the ASK is showing 81,500 shares available
then I put a BUY order in at 71cents for 3000 shares(1cent higher than that .70BID)

so now,
instead of buying at 80cents
i just bought at 71cents, why?

because my 80,000ASK order just scared someone to sell into my BID
it looks like this
.71 3000shares x .80 80kshares

someone sees this and they get freaked,
they know the stock isnt going anywhere
so they sell into my 3000 share buy order

the lower the bid is, the better it works out for me

now you are seeing that 84cent wall on the level II,
well that is above the current ASK, to risk no-one actually buying the shares at 80cents or 82cents(current ASK)

the whole point is to induce selling into the bid

which it has worked, the volume has increased

but someway, somehow, this thing always find its way to stay tough!!!



this can only be done on a CTEI type of stock

low volume
low float

slow action so you can set it up without someone accidentally buying your 80cents sell order

you understand?

this strategy is used by many experienced traders
that usually know a stock is going to run soon,
and this is their way of loading up