CER was being worked all day by bot selling into the buy queue....

CER was being worked all day by bot selling into the buy queue. This forced a couple of large sell orders out, caused the remaining buyers to retreat and the rest is history.

The data shows one in every four CER shares that changes hands is Deutsche Bank buying for Orbis. This stock is being worked over well and good IMO. With the depressed US market, it's easy for the smaller players to get spooked.

You'll see from some data I posted in a broker report over on the CNP forum that retail investors are selling out to insto brokers.

Watch for another sub holder increase from Orbis around the second to third weeks in August. If there is a saving grace, the number of shares available in the market should (in theory at least) be dropping. We will also see a strong increase if CAWF sales, CER asset sales or SuperLLC announcements are made.

It's only a matter of time, but the short-term might be painful.