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21:51
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Originally posted by franco30:
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i notice yesterday selling and then today's agian was very similar in execution to a stop out of a magin loan and/or cfd equivalent stop out and IMO as it was aggressive and quick just hitting the next bid until complete, Then after that pressure the dog robots get involved and try leverage a 5-10% profit of poor retail fear selling and force it a bit lower like under 40 cents today . Why a stop out or margin sell off?? Yesterday selling and then todays selling both happened as DRO hit the lows for the day and i suppose if you have a exposure o the "Drone sector" and sittting on a decent size DRO position you might have $50k or more in ELS ... it was just the timing that caught my eye . Maybe it was just as simple as guilty by association and look like forced selling to me .
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Originally posted by motza:
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Yes that's all very interesting franco30 could well just be sector related, just all seems crazy when directors were buying at 50c just a week ago...
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Hopefully these shenanigans are behind us for now, forced selling makes sense franco30 as why else would anyone sell so low when directors bought at 50c and not so long ago we had 3 mil shares traded at 50c . agree with you motza, its all crazy.
