There seem to be a lot more sellers then buyers but a lot more units wanting to be bought. If I were these guys who just got cheap shares I would sell them immediately and then use the profits to immediately turn around and buy on the back of everyone's panic. They will be able to snap up heaps of volume as everyone offloads and regardless of what announcement comes, if people see large orders coming through they are likely to jump back on and all of a sudden these blokes get a double win.
Also, doing it into the weekend gives everyone time to talk about it and calm down which should lessen the chance of further panic selling at next open.
Is there some kind of flaw to this (outside of the price not recovering)? That is what I would do if I was them. As for me I bought a bit too high (0.027) and am looking forward on averaging down on Monday, hopefully at 0.015 however there might be some big parcels in the way by then.
Thoughts?
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