Bizzare early price activity

[Euler]

Anybody else noticed this trend?

When I have been looking at charts the early price activity on a lot of races it just completely bizarre. Opens at 7's, drifts out to 20's comes in again, goes out, in and then finally sets off on it's true course.

I've seen lots this week.

[LinusP]

Yep, fortinbrass in the last (1515) opened at 3 then drifted to 20 and set off at 2.7.

[Euler]

Vasily 16:10 - Nott - 5, 15, 5

[redtra]

I was trading today but couldn't make head nor tail of it. Some favourites I was on didn't ebb and flow as I expected but just drifted right out. A tough day alright!

[L.o.S]

I've seen a couple this week as well, most notable yesterday or day before two runners going off at a price around 6/7 having both been matched for >£5 @ 30 and around that area. Odd!

[Zenyatta]

I've already given you my views on this. I think its price manipulation, designed to hit anyone using automated stop-losses. The idea is for the manipulator to put in a sudden lay on a selection in thin markets to trigger a temporary price drift, then hit the selection with a back bet at the top of the spike; the manipulator gets a good back price as the stop-losses of suckers are triggered.

It had been going on for years, only last year it started becoming more and more pervasive.

[Euler]

There is virtually no money that early on though, most races only have £10-15k 1/2 before the off, so way back in the early markets there is very little. It's obviously a symptom of something, but not sure what, or what it means at the moment.

[PeterLe]

Surely if they drift to such an extent they will be out of kilter with the bookmakers wont they? I can only trade manually part of the day today, but will be looking out for it!

[redtra]

I'm not trading today but yesterday the only way i could make it work was to let it go in play for a short while. The price then went to where i thought it should be...but it wasn't good for the heart!