I'm not surprised. The stock market is heavily controlled by the big players, not the retail mum/dad investors with couple hundred or thousand shares.
I've been asking myself all week, who is buying these large parcels at these prices...? Who is creating an illusion with the number of sell units to help them accumulate more and once their buy order is filled they erase their sell order...?
Before AZS announced massive nickel sulphides at Andover which sent the SP skyrocketing, the SP was capped below resistance. I'm not guaranteeing this will happen again, but I'm sure you know the name of the game is to "buy low, sell high". So yes, I'm not surprised the SP isn't moving higher at this stage.
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I'm not surprised. The stock market is heavily controlled by the...
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