re: capping reminds me of avl before it blasted of
...The offer side looks like some serious capping to me. Massive quantities of shares on offer for the last 10 days, and non of them move down (ie. not serious to sell).
Meanwhile, most of the buy side transactions are large slabs of stock just below the cap.
Call me old fashioned but this reminds me of AVL when it was being capped with a number of big buyers loading up for when it literally blasted off.
I may be wrong but the chart also looks like upward pressure to me.
Should be good for a quick 20% gain, when the cap comes off (if indeed that is what is happening).
SMY Price at posting:
0.0¢ Sentiment: None Disclosure: Held
