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It's obviously being held down. Every time the SP moves down...

  1. 106 Posts.
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    It's obviously being held down. Every time the SP moves down like say to 0.09c. The 0.09c fills up rapidly but the 0.1c 0.11c, 0.12c etc volumes don't change. If this was natural you would see some of those sellers at 0.1c, 0.11c and 0.12c accept defeat and drop down to a lower value and these 0.1c, 0.11c, 0.12c volumes would drop and the 0.9c volumes would increase. Nah, not here. Just lots of new sellers come out of the woodwork all of a sudden, as if by magic, all "wanting" to sell at the lowest available price, each and every time since October. But the end of the tax year is upon us, what they have been planning for all year. I give them that, they are patient.

    Buffet said, for times exactly like this...
    "The stock market is a device for transferring money from the impatient to the patient.”



 
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