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4,793 Posts.
90
03/08/16
19:07
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Someone deliberately try to sold down BID....
Two possible reason as far as I can see are:
First, they wanna out but did not wanna crash price but actually the price is way oversold...
The other one could be someone try to get price down and looks sucks to pre cve holders and recent buyers so they could get more cheap one...
Look at those small sell orders with around 300 bucks worth to get price down and get you sick; ugly game played here....
Bid is a good compamy with sound cash and quality management and existing contracts and more in pipe line, so why the sell relentessly?
10c cr oversubscribed and recent high is 14.5c, who is silly to sell at this price unless you wanna some big things....
I hold strong and a bit patient required to see the ultimate big bounce....
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