The last week of the trading pattern was unusual.
Low volume will take up the slack in the last minute to keep the price point at around 8.3c
If we take on the assumption some are making on this forum and assume that there is a potential big hand coming in, wouldn't they want to drop the price down to induce panic selling?
Yesterday would have been a perfect day to trigger the sell but it didn't happen.
So little perplexing as to what is going on.
All I can think is some long-termer loves this stock too much that it breaks his heart to see it dipping so he takes up the slack which only costs him $3~10k each afternoon to maintain the price level.
- Forums
- ASX - By Stock
- IHL
- General discussion
General discussion, page-2478
-
- There are more pages in this discussion • 17,443 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)