At times the buy side seems stacked, especially early in the day.
Today there were at least 3mil on the buy side way down in the queue, which have since been pulled. I'm thinking it's a shorter/s at play. Especially today. Stack the buy side to encourage others to jump in front and buy his/her sell order.
The last outstanding short list dated 24/11 has 287090 TNG shares outstanding. So it's definitely happening
With the chart in a down trend and a company with management that keep the market informed I guess a shorter would feel fairly safe in the knowledge that there are no pending announcements round the corner that could ruin his/her day.
So someone's been making money on TNG!
TNG Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held
