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23/08/24
15:49
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Originally posted by silvahman:
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They are selling it down heavily for a reason. Perhaps wanting a lower cr for insiders? If you look at how many shares have been dumped beginning 2 days prior to the stock market crash the other week tells me insiders know a lower cr price is coming. So they dumping as much as possible now. Considering another 500k shares dumped yesterday tells me its going a lot lower before any upside. Don't fall for the directors buying on market game as that is misleading. Patience will most likely allow an entry in the teens or low teens. Watch and learn. Another few hundred k shares to be dumped again today. And next week will hit low 20s if not today.
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Management bought some? They bringing the SP down for a merger or a take over only time will tell. And they keep there jobs at the end.