OAK 0.00% 6.9¢ oakridge international limited

XPE Lounge, page-284

  1. 3,041 Posts.
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    Also worth renoteing, and I know I said it already here somewhere.

    Someone WANTED to dump out a lot of shares in a short period and was TRYING to hold it up.

    Repeatedly at most pips on the way down you would see a massive buy appear, 2-4 mil usually on the buy side and would sit there trying to hold the price up. As people lined up behind it they pulled their buy out of the way and sold down into the people behind them in line. They did that at every line until it was exhausted and then moved down to try to hold it up again at the line below. They wanted out at the highest price possible. But quickly. So they held it up as much as they could and tried to fool people into thinking it was going to bounce, successfully, over and over again, always dumping. At one point I watched over 10 mil pulled in on instant from the buy side.....

    So I have no idea if its done, or why it happened. I just know I would not buy, or sell now. The FA has not changed, and it could go either way.
 
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