I'm proudly a happy heretic, I'm also happy to see the back of woof and hac, I understand they came to do a job timeously, and once done departed.
The institutions are doing what they always do.
We fortunately have a small registry, the time to finish their job will not take long and eventually the tide will turn. I don't care if the SP drops further, they're not getting mine.
Once they have enough, the incentive to manipulate is removed and things will progress at an alarming rate.
Once most people understand this, they will sit back, relax and contemplate their navel, not worry about daily share price fluctuations.
Please consider this, illustrated in the attached chart, you be the judge.
Are we being manipulated down to close to $0.77c within the next month, a deliberate attempt to reduce viability of the loyalty options and their take up.
Thus increasing the % hold by institutions on the ARL registry when they expire not taken.
Perhaps the strategy by institutions is to buy as many as possible now while weak hands abandon, and to prevent take up of Loyalty Options as well.
How good do they think they are ? now you know the possibility.
Its very dirty tactic but possible.
I will be buying mine irrespective.
What will you do.
Review the chart and make up your own mind.
ARL Price at posting:
$1.02 Sentiment: Buy Disclosure: Held
