Let me sell out for a loss on these parcels first and then I will put forward my theory.
I just approach all the stock trading on the ASX as one giant scam and in order to succeed one has to be able to figure out what the current scam is and what the end game is. I thought I had picked a "no-reason capitulation" bottom some weeks back and got good profit from it, but I see a new play right now. Given lack of short covering (so far) and constant tiny parcel sell orders (interesting to see the algo was reconfigured immediately I pointed out it was illegal price marking.... lurkers on HC apparently) I am inclined to believe the shorts have this end game.
MRM Chart - Positive, page-103
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