I reckon some big player accumulating. Classic case of take stock down as low as possible when you find resistance pick up some of the loose scrap shares up on the way back i.e. panic sellers. Also makes sense why strong on open especially when markets signalling negative opens.
Would not surprise me to see this stock close today on or about yesterday,s close. Pick up the scrap on the way up in the last hour of trading. only an oppinion.
Still reckon this player knows perfectly what the coming deal is. Again only an oppinion.
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