It is too much of a co-incidence for these nearly identical patterns at RMS, FML, BDR and GRY. All of those four had significant volume spikes on no significant news, all of them had a strong close with significant selling into the close, but not, it would appear at least on the numbers sold into the close, sufficient to warrant suspicion that it is all a set up for short sellers to push them down tomorrow, all of those stocks are high quality mid cap goldies and all had the biggest day of the year.......
I could not see any others that i am aware of that had similar spikes - on no news. are there more? I could not see anything that moved like these stocks, all on Friday, maybe we just picked up a bequest from some overseas fund, in the end it is only $50 or $60m turnover between all four.
monday's price, page-4
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Last
$2.27 |
Change
-0.030(1.30%) |
Mkt cap ! $2.606B | |||
| Open | High | Low | Value | Volume |
| $2.27 | $2.29 | $2.22 | $7.884M | 3.493M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 29957 | $2.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.28 | 319256 | 8 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |