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bevter

25,982 Posts.

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15/02/17

15:46

Post #: 22638347
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Originally posted by JimmyEyebrow ↑

In the first instance this morning it was people who had left their standing buy orders unattended and vulnerable to a massive off-screen dump like the one we saw. That's why someone with a huge holding won't advertise their intentions to sell.

By the look of what we saw this morning it was likely only a couple of holders selling but they were significant ones. Everyone in the buy line was caught unawares because it happened so quickly but that of course is the nature of the game. I think people should be disturbed by the fact that these obviously large holders were willing to get out so quickly with whatever they could.

Personally, I think some of it has to do with the original topic of this thread. An unfortunate pattern appears to be emerging with regards to people/groups/organisations that TV2 deals with.

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Only time will tell, but I think they were selling to friendlies.
A simple tree shake. We'll see soon enough.

TV2 Price at posting: 0.6¢ Sentiment: None Disclosure: Held
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