bot accumulation, page-4

hengseng,

you're right, around 500k, but let's REMEMBER CLEARLY that the number in doubt (whether they are buy or sell by BOT) is 500k shares @ avg 3.9c & some at 3.8c & the 50k at 3.9c at clost belongs to the same broker!

that means that close was purposely put lower at 3.9c to show weakness! which is a good sign! a seller doesn't like showing weakness at all!!

what's very interesting is, your 200k was partly X traded!!! I think you mentioned before you use COMSEC, so the first part was from his account & second part from another commsec user!! which tells us that the left over now at 4.1c is a commsec user NOT our nice BOT.

very strange to see BOT giving away 170k of shares that easy if on accumulation mode but also, if BOT is a seller & wants to offload then it wouldn't close lower for the day but actually push higher as much as possible on close to fake a strength for next day to keep selling on higher!!

what I am 1,000% sure of after much analysis is that our BOT is not a seller & overall the BOT is accumulating, but accumulation is always better at lower prices!

the regular 160 shares on market are made to keep the SP from collapsing, so our accumualtor doesn want the share the collapse but rather ACCUMULATE while holding strength, that WAS NOT there around 2 weeks ago & that's not a bad sign for short term movement & gives us an indication that may be as you mentioned good news are coming out on the short term & buyer doesn't want too much hassle brining up the SP after it collapses if they lose control over it.

Clintjnr,

there's something called X trades in course of sales, learn more about it & more about course of sales analysis.

cheers,