Those dump line wipes are fake, institution selling to themselves. As soon as a real order from someone else is there, even if the order is relatively thin, the dump stops. This has happened since the day before yesterday.
This tells us there is very little retail sell at the moment but also virtually also no buy demand either, hence price can be played this way. It happens quite often when market is expecting news and people getting impatient. If there is still no news, usually price will finally move up after there is enough retail selling.
In terms of broker report, the latest showing sell mainly coming from credit sussie on 21st and Sushanna on 22nd, and Euro Security and retail were the net buyer.
FFX Price at posting:
23.5¢ Sentiment: None Disclosure: Held