see image attached below - these are few of the trades which were done today (not all) and in my opinion whoever broke the price did it with utmost precision - the ones highlighted in RED are where the price broke owing to an XT trade .. followed by some accumalation (panicked retail investors selling).
Generally the price breakers were much smaller quantities than the accumalation.
The top most row highlighed all in RED - so why break the price at the last trade when there wont be an accumalation thereafter - simple - scare off the retail investor so they line up to sell at or lower than that price Monday morning.
I am not saying that the XT'ers took all of these .. but there is a compelling pattern which i have seen a number of times.
Only recently in one of my other stocks LNC (in August i think) when LNC announced a sale and the stock went up to $2 .. then back down (for no reason) to $1.90, 1.80, 1.70 .. and the same pattern was showing - huge accumalation .. within a few days it was back up to 1.90 .. and now its 2.30ish ...
The same pattern is on TIS today .. it wont last very long though because TIS is pretty illiquid ..
In my opinion .. its a great opportunity for retail investors to top up more (only if they know about the company and believe in the potential). I'm of the opinion we will be looking north of $2 by March next year or earlier.
All the above is my opinion only - NO advice given - DYOR.
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