follow the smart money

hi all

was just having a look at the sell que for exmo.
there are 160m odd on issue and something like 80% are held in the top 20 ( Tolli perhaps u can verify i know u have a swagfull).Amongst these option holders there is a fair correlation with the top 20 for the heads (fpo).
In essence these are the large position holders who have taken these positions with a view to the longer term (the big picture)they have been in this stock long before most of us. I see this as the smart money, they get in early and see it thru. Mostly sophisticated investors.
Quite probably the same investors who have been buying on the lows recently. SMART MONEY
Returning now to the sell que for exmo, essentially not much on offer between current (undervalued) price and 5c
Speaks loudly to me

anythoughts??

cheers

Boomtrader