OK guys, there is most certainly accumulation going on. Today I needed up to free some extra cash so sold one IPO parcel.
There was no one at 39.5. So I placed a sell there, and the instant I placed it there were 6 orders behind me, all neglible quantity.
Now the small offers behind me make it look like there are numerous people trying to get out, trying to impose the thought off 'mmm a lot of sellers, this may drop soon, I had better take the $0.39'
Surely enough, wait 5 mins, gonzo, and a small offer at $0.395 remains. Games are being played, and accumulation is the game
BTW, it was only around 5% of my holding in A1M. I remain fully in, but got a hefty bill in June ~$90k ouch (so am pulling small bits from here and there)
A1M Price at posting:
39.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)