crazy price, page-13

The selling pressure in my view is coming from just 1 larger seller , ie the fund manager that took over the BNP mandate, and decided to offload PXS from this portfilio.

As the markets have been so weak , this seller has shaken out others on the way down , and must be nearing the end of the line they decided to get out of .

Shorts have also continued and added further pressure to the offer at a time when very few are brave anough to add more capital to stocks with risk , even if the reward on a positive vote could mean 100% returns to the brave.

Once the line is gone this will rebound just as it did after the NZ fund manager finshed there sellling back in May.