It was clear that on friday afternoon there was a battle of wills going on between a determined buyer and a determined seller.
Every time the buyer went to 250 it was hit by the seller, but the seller never whent below 250.In the last hour it was clear that the seller had finished his line, because the 250 was no longer getting hit.
Hence the buyer then had to move up a tick or two.In a last ditch attempt to flush out a reasonable seller on the close up went the 100k, which was not touched , so a preety clear indication that the seller was exhasted.
Going by all the action over the last week it is safe to assume that someone is taking the lions share of the stock
Valuations must be starting to get stretched, but heck, have a look at tpi sp, it must be getting into lunacy land!!
It begs the question about what is going on at dmx, with the sp languishing at the moment.
It was clear that on friday afternoon there was a battle of...
Add to My Watchlist
What is My Watchlist?