pmkoroni,
""Rykster is probably the one who put in the order for 1,428,571 at 1.4, dare to be brave when others are fearful lol.""
Market is full of those who continue to throw mud at a company only to buy more when everyone is selling. It's the oldest trick in the book. Then when the share price rises they sell out. But you will never be able to prove it.
Some will happily admit that this is their mode of operation. Most are not so forth coming.
Sometimes you can get a bit of an inkling. Like for instance when the share price is under extreme pressure, you might find one person who posts 5 or 6 times in a very short space of time trying to scare more shareholders into selling, thus creating even more panic. While the panic is happening they are there mopping up and buying more cheap stock..
When the share price eventually goes back up they then stop their negative posts for a period whilst selling the cheap stock that they bought from those that dumped their stock earlier.. Easy money to be made . It's like taking candy from a baby.
7.5 million shares got sold down to 1.4c today . I have no doubt some of that stock has already been offered up at 1.5c. There was about 2.5 million shares sold out at 1.5c after the last purchase of stock at 1.4c. Some of that stock bought will hang out for a greater return and some will hold for a lengthy period of time knowing there is good news to come and they will do very nicely by just sitting tight .
We will see what tomorrow brings.
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Open | High | Low | Value | Volume |
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