FFX 0.00% 20.0¢ firefinch limited

Beginning to think that the share price is not being manipulated...

  1. 3,302 Posts.
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    Beginning to think that the share price is not being manipulated up or down, but rather to accentuate volatility.

    These crazy swings up and down in short periods do not reflect the linear story that is developing underneath - low capex, proven and expanding resource, tier 1 deposit to spin out, etc.

    It's starting to look like major trading houses are pulling it up before news and pushing it down after in order to trade volatility. Constant selling after news (selling into fresh demand?) creates uncertainty obviously.

    https://hotcopper.com.au/data/attachments/2970/2970763-dab06129a3ebb7c3f5b57537faa54023.jpg

    On balance volume still looks healthy, and price movement somewhat exaggerated (seen this a bit lately). Motivated selling sees the OBV crash through the trend.
 
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