IMO people are being panicked by the the list of Buys vs Sells.
I just checked through the list to find that about 2million of these are for amounts more than 50,000 shares - most a long way from real price action [ie. above $2.10 in amounts up to 300,000]. I did not bother to add the huge number of Sells listed between 10,000 & 50,000.
IMO the options to explain this are:
. massive covered shorting
. bogus cfd trades
. further sellout by Merril Lynch & Barclays or another insto
. sellout by mum & dad investors
. day traders shorting stocks are now much richer & able to short further & further
. OZL is seen as a soft target for shorting
. Global hedge funds have decided that OZL is headed to SP oblivion - as per ABS, CNP, etc. etc.
Sure hope the last option is wrong!
4YIO - NFA
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