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ASN Chart, page-7046

  1. 14,003 Posts.
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    Thank you @Melen100 I had shared and explained that a couple of times to much boos and hissing and didn't really care to do it again..the idea there is counter intuitive for those who choose to simply believe CR announcements at face value... but for me having seen it so many times over the years, the pre CR pump on heavy vol for a couple of weeks (and often equal vol to the new issue), suggests that smart money are front running the distribution beforehand, how they do this legally I have no idea but they are doing it ...imo... the trading vol and price rise evidence is quite clear to me that's what's happening...I`ll say it again "smart money are not buying the announced CR price on the day at the top of a 2 week 200% fomo rise)...people buying into that "distribution" are retail punters.. smart money by definition buys low on the quiet, then distributes to dumb money at the fomo highs ...why did the price not rise on the 4 mkt sensitive announcements after the CR which Chris highlighted today?...because the CR was finished and distribution was complete....all imo.. ASN pump.png
    Last edited by W3hunter: 03/01/23
 
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