re: u boat at $2.41 what tha I'm a little bemused at the idea of a buyer selling shares because he wants to accumulate!
Sure, showing a big selling order to scare the buyers away can be used as a tactic to lower the price. But this order is being filled, this is a half million dollar selling order.
Why sell so much stock if your real intention is to buy?
Once you've sold the selling pressure comes off and the price will rise. The chance to get them at lower levels is very small. Especially with the POO about to kick up.
There are a decent bunch of selling at 241 at the moment but the price is steady, not falling.
T
HDR
hardman resources limited
re: u boat at $2.41 what tha I'm a little bemused at the idea of...
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