freekid29...It happens when a larger buyer realises he is the...

freekid29...

It happens when a larger buyer realises he is the main influence on a stock...and he will kow this from assessing exactly how many shares in the depth are theirs, or indeed, how many off-market hits are also theirs?

If they feel they are too much of an influence, then they can pull their buy orders, sell down a kick-start group of trades and typically load up the sell side.

This is exactly what has transpired here in my view...and whilst it makes the depth look bad, which typically flushes "temporaries"...in the right stocks, for me it is very much a reason to buy.

Two scenarios however...

1. Simply a trader sting...basically just chasing a few points on a trade, or;

2. Organised flush...register being cleaned of temporaries, possibly into the hands of new larger arrivals, as a means to clear the way for the next significant run.

Where such "stings" come unstuck however is when other players get in the mix, perhaps taking advantage of their activities to gain a cheaper hold themselves. We have yet to see this transpire at a serious level...so it may well be the "players" still have full control in this regard, but in terms of flushing out the sellers, I suspect they are getting less than they expected, suggesting the profile of the register is still relatively conducive to sit and hold types.

So...if a flush, they will look to a micr-volume period to suggest the job is done, or if a trader sting, my maths suggest they want a sub 18c re-entry.

One might argue the director's buys are throwing a cat amongst the pigeions for these people?

Anyway...I suggest you study the push pull antics and corresponding depth manipulation that took place in MPO from 8c, it was very similar to that now taking place in KSX.

Interestingly, this scenario was prevalent in MPO until they achieved a wider spread of interest from multiple larger players...after which, individual "players" tend to have less influencing control.

Look away...I am.

Cheers!