Well orchestrated accumulation.Giving themselves a week or two...

Well orchestrated accumulation.

Giving themselves a week or two before next announcements to accumulate a large parcel.
But, must reach a point where they know they are pushing the price-up against themselves - so today was a breather day.
However, I think there is more than one organisation accumulating so its not a coordinated effort and the price didn't pullback enough.

Hence "weird" behavior.

At least, that's what i think is going on.

Good thing I am just sitting pat and not trying to trade this stock - and that's why I think the price lifts so easily under the slightest buy pressure. Just not enough sellers to keep things level.

I am not thinking this is buying based on leaking information - I think its just some big buyers trying to take large positions before the next news is released.

Question is - will they hold beyond the next news cycle is take a big dump at +100% ?