You'd think the capper(s) wouldn't make their game so obvious. Mr "sell 2,015,050" lined up at 6 cents hours ago - had the desired effect.
Price drops slightly - then he moves sell order down to 5.9. Gee, he's so so desperate to offload this stock - not!
Of course there's no shortage of traders who get fooled into selling as a result of this tactic.
This follows the seller who kept feeding the buyers at 6 cents this morning in 1million lots.
A genuine net seller would probably have allowed the stock to run a bit more, as it would have surely done ,but for "mr 1million seller".
Maybe just to avoid speeding ticket?
CME
centralian minerals limited
You'd think the capper(s) wouldn't make their game so obvious....
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