Good News & Bad News, page-11970

Good morning all.

Great result re spod sale result and lovely to see Clipper Houston loading. Should be a good quarter report which the market may or may not react to - ho hum. However going forward, fundamentals get better each day and our day/week/month/years in the sun will follow.

Just an aside, I would like to illustrate why our price doesn't move. How are we being hobbled for those that don't follow or dive into the course of trade?

This is all in my opinion, no proof, mere speculation:

If you look at the queues this morning, particularly Sell side 2.11, 2.13, 2.15 you will see walls being build by an operator. Could be one or more operators but I suspect one is responsible due to the nature of the transactions.

2,11 has 500,000 sell
2.13 has 250,000 sell
2.15 has 500,000 sell

Take these away and there is actually very little volume - smoke and mirrors. These positions, in my opinion only, are used to create hurdles to induce selling below the hurdles, especially for those that need to sell or those that get skitish and nervous. They probably will not be filled and removed by the operator as buying pressure mounts. someone with deep pockets is setting up these walls with little intention of actually selling. Hello ASIC, are you out there.

What a wicked environment to honestly work in and trade in. Just want to alert newbies and new players as to, in my opinion, what happens in the said market to rattle you to give up your shares to the accumulators.

Have a great day all.

You ain't got mine ha ha ha