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15/03/16
19:33
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Originally posted by Alex999
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Its a good question and can't be answered 100%. I've posted answer before to this question.
There's 2,500 SGH staff in Australia. If they and friends family had tiny tickle on buying, it would make a huge difference given small volumes being traded.
I'm deducting from
- number of staff as possible buyers (let alone their friends and family)
-lack buy volume.
Do the math - a mere 10,000 shares each or $3,000 would explode the buy side.
My reading: it's just not possible there's buying from there given trading patterns.
Seen similar before where less staff to buy. They won't and aren't: but punters still will.
Only logical conclusion almost no staff buying, but I'm open to argument and correction if you think differently.
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That sort of logic is what convinces me you got lucky and really don't know what really is going on behind the scenes. What nonsensical assumptions you can only find on HC.