RHK 2.35% 83.0¢ red hawk mining limited

it is so so obvious......., page-4

  1. 1,946 Posts.
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    NZ

    you just answered your own question, why would you sell 30,000 shares @ 11.5c when there is 1.8mil wanting to buy @11.5 and 200,000 wanting to sell @ 12c, the reason, its being pushed back.

    This same trading pattern has been happening since she was last at 19c, Everytime she looks like moving up a large parcel gets sold off, this is to spook holders into selling there shares.

    What I have been seeing is say 2mil buys @ 12c, those 2 mil will get sold into, another 1 - 2 mil will be placed on the sell @ 12c immediatley, then almost immediatley 30,000 or so shares will be sold down at 11.5c. This has been going on for weeks as I said since she was 19c.

    This is why I say its being held back whilst an accumulation occurs. There we go as I type 727 shares ($83) sold down at 11.5c

    Somebody out there with deep pockets knows it potential.

    Just my observations.

    L4L
 
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