Hi Adam.S,'Nothing for sale at this price, so they push the...

Hi Adam.S,

'Nothing for sale at this price, so they push the price up slowly to say 3.45 where they get a little bit of volume, then they smash it back down to try and get some stop losses on the way.'

I think you've got that exactly right. It's a tactic they have used repeatedly, with only limited success on each occasion, but it's still an effective means of accumulation. It also has the side benefit of creating rising frustration with other holders, and from Wah Nam's perpsective, that can't hurt either!

For the rest of us.. 'All things come to those who wait!'