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Re: hiroller12x post# 371

Monday, 07/22/2019 9:28:26 PM

Monday, July 22, 2019 9:28:26 PM

Post# of 1298
If you would have sold 1/2 cent below, the price would have changed. The fact that you bought 1/2 cent below and the price didn't change makes me believe a person or computer knows the order books and not only made an immediate $30 off of your 6000 shares but immediately made money from someone else bidding higher...which you confirm the price did go higher thaat day. Algorithm computers move in milliseconds.

Years ago I learned from a "60 Minutes" episode that day trading algo computers (High frequency trading) are programmed to make 40 million trades per day on hundreds of stocks at a simple 1 cent profit per trade. That's $400,000 per day.

Found the link...



Bruce knows people and so does Terry Matthews. Matthews started Mitel, Mitel sold to a private equity firm for $2 billion. Bruce mentioned he sold a dot.com company to Microsoft back in the day...so they have connections.

If you have a chance, watch the "60 Minutes" spot...very interesting.