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11.5¢ valence industries limited

What's going on with VXL?, page-19

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ausheds

19,587 Posts.

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23/02/15

22:42

Post #: 14805053
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Originally posted by m0ngy ↑

"Out of interest, how do you define aggressive selling mongy?"

Commsec described the sellers of VXL as highly aggressive in a daily report a week ago, along with a sell recommendation. I've watched the trades and the sellers are very keen, the will try to keep the sp as high as possible but then take just about any buy price if the buyer offers to purchase a sizeable parcel. That sort of motivated selling is unusual and it scares buyers off, over the course of a trading day you can see the buyers in retreat. It's definitely not normal to see such predatory selling behaviour and it suggests certainly on the part of the sellers, that they possess negative information that we don't have.

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Lol mongy, I honestly can't work out if you're serious, or taking the piss.

"highly aggressive" - "predatory selling behaviour" - too funny.

U do realise the last couple of lazy months have had a daily av TO circa $60K?

Have U any idea what a serious sell off looks like?

Maybe reference LYC's 10 daze from $1.60 to 87c, 500M shares traded/$600M value, that was a tad "aggressive".

VXL Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
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