SDL 0.00% 0.6¢ sundance resources limited

dump, page-4

  1. 6,816 Posts.
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    I don't think so. The .35 sell side was stacked with 4 mill shares 5 minutes out from close which is unusual for a "real" seller. Then at the close, it was stacked again at .34 to pressure point .345/35 and I guess that a few more were sucked out of the system.

    The trading pattern is not quite a "dump" I suspect, although it can appear that way. The opposite can be true for big buys as well. i.e. the stacks are predominantly a few insto related and they can scalp the retailers caught in between two price points that they dominate. They can buy 10 million and sell 9 million for the day and get their 1 mill target, if you get my drift. Have a look at the broker report flows (they are uploaded here from time to time as you will see what I mean)

    All is not what we see. In fact, it is more likely to be the reverse.
 
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