Alot of volume is going through today at 34c and there's been 4M sitting on the bid at 33.5c for quite some time yet no-one's touching 34.5c. Just wondering if this fake bid is to entice people to buy at 34c where the pros are offloading. Hard to see this not getting to 37.5c at least in the short term, but just thinking they might sell a few here, give it a little shake first, maybe fill the gap down to 31c, then take it up.
GBG Price at posting:
34.5¢ Sentiment: None Disclosure: Held