What a day, who would of thought the stock market is full of trickery.
My Observation today !!
Between 10am and 10.30 There was a sell order at 0.08 @ 4.2 m..082 @ 1.0m and 0.83 @ 1.0m. Over six million volume for 3 trades with a total sell volume of 15.0m. Over 40%.
Immediately sellers appeared below 0.08 and were snapped up quickly I think because of volume of over 6m above 0.08 and panicked sold.
By about 11am the two trades at 1m each disappeared and the 4.25m at .08 dropped to .077 were it remained for the rest of the day and its sell volume dropped to where it is now 2.6m. ( So only sold 1.65m shares ).
So my assumption is and may be wrong that traders panicked and sold below this large trade to the tune of 4.2m shares.
This appears very unusual because if you wanted to sell over six million shares you wouldn't broadcast it.
I believe there has been accumulation going on very cleverly.
Hope you can follow my comments, couldn't help myself and bought more again today.
Could it be possible the Big Mother Fund (BMF) is actively buying.
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