Originally posted by possum2
Graphene,
One individual dumped close to 2 million shares on market. A few days ago he could have sold at 2.1c but decided he was happier to sell them for 1.8c . Go figure.
The amount of money I see thrown away on a daily basis is unbelievable. Obviously $6,000 is small change to this person who got out today..
I watched a stock the other day being sold down to 3.5c. 35 million shares were traded between 3.5c and 4.8c. Two weeks later the stock hit 8.5c . 55 million traded in one day. EDE is the stock I am referring to.. I watched another stock go from 3c to 16c in just 3 days. BIT is the code.
Those that sold 35 million shares 2 weeks earlier in EDE would now be wishing they hadn't. They could have made double their money . Those that sold BIT left behind 5 times their money during that 3 day period. Very easy in hindsight to make the right call. Not that easy in reality getting it right.
However having said that, VRC have just recently announced they are on track to secure their mining license . This was announced to the market just last week.
To sell 2 million shares at this point in time at this price would appear to be nonsensical .
Well done to the person or persons who acquired that stock. I can only imagine it will prove to be a good investment should you decide to hold for the next couple of months.
There should be plenty happening during this time.
Cheers.
I picked some up this afternoon. I think I got a mix of 1.8 - 1.9. I didn't even realise I had the trade open!
