GREAT NEWS, page-36

HI Shagz, i don't necessarily disagree, but could you explain the 'downrampers' a little more... do you suspect they are smashing the price to accumulate, maybe a buyout or just to mess with us poor retail investors?

My thoughts are that its one or more algos stuck in an accumulation state that is driving the price at the moment and until they have had their fill, we're stuck here. I know this drives all of us crazy, including me, but i'm under the impression that these algos are currently feeding the buy and sell side simultaneously trying to suck up some people that are loosing interest / faith. Nobody is making money at the current price, algos or retail... hence why i'm thinking this is accumulation

i've looked at the price / trade history over the past 20 days and we are sitting on average at $2k per trade... which is @#$% in my eyes. But from the perspective of an algo (which has no foresight or emotional attachment to either the shares or the outcome of successful trials) what does it matter if it looses or gains $0.005 here and there, its clearly found the support and resistance prices and is happy to sit and be patient... thats what they are good at!


Cheers, Mark