MPO 0.00% 14.0¢ molopo energy limited

the good news is ..., page-5

  1. 17,248 Posts.
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    cortis, stacking is where they place sell orders down the queue which they really don't intend to get filled. Sometimes the big players are prepared to "sacrifice" a few cheapies as part of a greater plan of getting lots of cheap stock. and sometimes, if you watch, you can see the dummy sell orders move down the queue to prevent them from being filled. In short stackers want to give the illusion that there are heaps of shares for sale.

    I am not convinced that this is what is happening. Rather a lack of seriously exciting news added with some disgruntled sophisticated investors cutting their losses is the reason I think we are seeing the slide.

    We just have to wait for some seriously good production news or another discovery of vast magnitude.
 
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