Or rather - the question is WHY if we can figure out why then we can make a stab at who
As I see it they are not selling at at the bottom - they are trying quite deliberatly to create a lower bottom and they have been trying veru hard indeed!
Absolutly no two ways about it -it is someone with a lot of stock and they want the price lower - the question is why!
Its not an insider getting out before bad news - crikey any real insider was out at $3 or more
Its hardly a profit taker lol
Since shorting is banned it must be someone with lots of actual stock.
So the question is - Who has a lot of stock and of them - who stands to benefit from a lower share price.
It simply has to be tactical
CMR Price at posting:
51.5¢ Sentiment: Buy Disclosure: Held