Interesting figures i quickly ran out this morning. These figures relate to the Buy/Sell ratio from Tuesday 3rd to Thursday 5th July for the comparative 16 lines showing of buy/sells on my system. 3rd July there were 1,201,443 more buys than sells on those 16 lines and the share price was $0.13 Today, there are 2,120,671 more buy shares ie a 76.5% increase over the sell volume. Yet the share price is still only $0.13??? What do we take from this? My opinion is that for some reason there are parties determined to keep the share price as low as possible as the old saying goes "the level of demand is what sets the market price"........... But in this case that is definately not happening!!! WHY???
MNM Price at posting:
12.9¢ Sentiment: Hold Disclosure: Held