MSB 5.24% $1.11 mesoblast limited

If you look at the trading this morning someone was hammering...

  1. 322 Posts.
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    If you look at the trading this morning someone was hammering sales to buy down the bid lines to test the support at the low $1.20's. Probably bought alot of their own shares! I expect this "tree shake" was in the hope they would trigger stop losses and can cover their positions near the low $1.00' as the next technical line of support. Seems plenty of people see value at the $1.20's so the support has held there for the moment. Would love to see a good positive announcement in the middle of one of these manipulation attempts so the manipulator gets burnt!
 
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