GDN golden state resources limited

not as expected..., page-3

  1. 15,276 Posts.
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    perivale...

    The fall was as expected, but the manner in which it fell was not.

    A very "thin" sell-down on the open and significant capping throughout the day...not the sort of thing you expect when bigger boys whant out.

    In fact it is exactly what we would expect to see when "players" are using a short term negative to accumulate for a near term positive.

    If they wanted to net sell, they would not be loading the sell side 3 from a safe distance.

    Cheers!
 
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