ADN 0.00% 1.7¢ andromeda metals limited

I have said this on numerous occasions, if it was retail exiting...

  1. 1,397 Posts.
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    I have said this on numerous occasions, if it was retail exiting they would have taken advantage of the buy side being stacked. Around 1 week ago there was over 4mil of buy orders at let’s say 27c, 2mil at 26c and 1.5mil at 25 cents. At no stage did this supposed retail dumping take advantage of that, instead the usual games were played.

    Anyone with a decent parcel would have jumped at that and yet they didn’t sell.... that’s because they aren’t looking to dump on market, rather the rinse and repeat method of dropping the share price and slowly re accumulate on the way down to cover themselves.

    There is hard evidence of shorting and a lot of shorting so whilst I agree some retail weak hands have been shaken out, the smarter ones can see through this.
 
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