The think is Andrew1010, if a buyer/spoofer puts in a 7m buy order, it provides the out if needed for a seller to dump their shares. So, if it is a Spoofer, this is a dangerous game if they offer to buy a large order at a price and it executes and they didn't actually want shares in the first place. If the liquidity is low, they could then be trapped. So with the downside, I suspect it is more likely a sign of capitulation where you have genuine buying interest with the price being this low. Technical analysts would have also noticed that we are at a very strong floor of support. This could be just some technical trading given the technicals. The longer the base, the higher into space. Either way, I will take buying interest over selling interest any day. Sellers have no idea what they are holding. They appear to know the price of their shares but not the value of their shares. Not investment advice. DYOR, etc etc.
FBR Price at posting:
3.9¢ Sentiment: Buy Disclosure: Not Held
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