AZM 0.00% 3.2¢ azumah resources limited

drilling and resource upgrade, page-11

  1. 4,440 Posts.
    Well guys if you had a look at yesterdays close there was not many sellers left at 14c.

    Have a look this morning @ 14c another 999,999 order at 14c and another big one behind it. why would you put such big orders here all the time why wouldn't you wait for the stock to move up from here.

    I find the reason is because you will find they create a wall or capping so they can accumulate the stock on the buy side before news or a run and then remove dummy sell orders.

    To me its a good sign that they don't wont it to run but then eventually you will see a huge spike on news or release of capping causing stock to run very hard.
 
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