12-month high for oil........, page-20

There is a big seller there all right.The volumes havent been large vis a vis the 1.3B shares on issue and the consistent selling without dumping has the smell of somebody wanting to hold the price down,without actually exiting.
I know the share register looks like a birds nest at the lower end but Ive been observing the plethora of sell (and buy) quantities and the pitifully low averages.
To me it smells. Somebody is working both sides of the street all the time for perhaps the last month.
There are generally only one or 2 things intended when the last months trading pattern is scrutinised.
A bid at 6 or 7 cents would look good vis a vis 3.7c but unless its IMC it would be doomed to fail.
Somebody is,I think,"warehousing" many of the shares that have been traded recently.