Good thoughts about Pattos etc. But if they're doing a lot of the buying for their clients - who are they buying FROM? Why isn't the price rising with a big buyer operating like Pattos?
While it is encouraging that somebody IS buying, if we look at it the other way round - why is all the buying being met with massive selling and holding the price down?
Notice that I'm not making any differentiation here between selling and short-selling. For my query, it's all just selling.
OK - enough said, unless somebody can come up with a different idea s to just what may be going on behind the scenes here. But whatever it is - the share price certainly looks like it is being manipulated, and free market forces are not being allowed to take the price away from the narrow daily range. It's certainly not a "free and fair, open and informed market" - that's for sure!
LYC Price at posting:
64.5¢ Sentiment: LT Buy Disclosure: Held
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