over the past few weeks someone(s) been accumulating
around the 3c mark.
that same person may be the same who decided to dump at 3.6c and has probably put some nice fake sells up for sale at higher levels.
they make a profit and conveniently stop any break out in sp.
its been happening with plenty of specs lately.
of course i dont know for fact that is the situ here, so only speculating and guessing, i does seem to look that way to me.
but without checking the trades and whos buying and selling its purely guess work.
the problem is, do it enough times and the trust completely disappears in the sp and no matter what is announced not much happens.
dont want this one to turn into some brokers play thing.
now is the time for change and wealth, traders and investors are looking for the next (sir) especially in these crappy conditions, know one is making any cash and cash is king.
if luck forbids and they continue to get decent volume and grades then the share price needs to be supported at higher levels, respect the chart and the anns and the rest will follow, PLAY WITH IT FOR A PIP OR TO AND YOU WILL DESTROY ITS FUTURE NO MATTER WHAT.
all imo dyor
l.e.o
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