I posted the following on another forum late on Friday in response to another post.
"I think that it is fairly evident that the stock price has now found a floor.
Today we saw the stock get slammed very early on, and buyers came in from everywhere in spades. The buying orders were of significant size, not the constant bot selling that has dominated trading in recent days.
Less than 1k of stock traded today was crossed so the buyers were coming from other brokers.
It was as though a broker knew that another broking house was selling and was keen to take any that they could get at these prices."
It will be interesting so watch the trading over the next day or so, just to see whether this sudden interest is linked to a predator.
MPO Price at posting:
80.5¢ Sentiment: ST Buy Disclosure: Held
