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SilverFox88

4,239 Posts.

1341

27/05/22

22:23

Post #: 61673353
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Originally posted by Riglife: ↑

If you take away that sell order the buy side is still about twice that of the sell side.
They are placing that order every day to give the illusion that there are more people wanting to sell the stock than buy.
If people see that there are more sellers, that in turn creates fear and encourages people to sell cheaply.
It's a scumbag tactic used by broker houses who remain anonymous. In this case it is quite easy to see that it's one of our top 3 holders.
My money is on Horizon playing games with the SP trying to increase their position.
There is an ulterior motive to Ashok Parekh being appointed to the board and the games started just as he arrived.
If Ed wasn't such a professional I would have already sold out.

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Even if what you say is true, why would you even consider selling out? Horizon may well be playing games. They have a limited window of opportunity to do so. Ultimately, the drill will prevail.

KWR Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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