AGS 0.00% 17.5¢ alliance resources limited

pm "relinquishes" ceo position, page-13

  1. 1,634 Posts.
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    I was certain this was a prop and dump play.
    With this latest announcement it has really thrown the cat amongst the pigeons.
    The last two announcements, speculation of a takeover and resource upgrade could only be taken as a positive and thus a prop on the share price allowing shares to dumped at higher prices. With the run down from 68c back to 58 60 c support I thought I was on the money.
    Today this announcement flies straight out of left field and based on my hypothesis the sellers should have been running over each other to hit the exit first. However todays action was a tight sell-off. Almost as though stops were looking to be triggered.

    Scratching my head as to why Mutz fell on his sword. Was he pushed by management because he was a double agent for Blue or the more like situation as Vespasian03 has pointed out it was a condition to begin negotiations.

    Does anyone keep a record of the short positions for ags? Would really be interested to know the short positions on a daily basis ever since the ML was issued.
 
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