might be a bit conspiratorial and could be wrong but i've been watching the volume and course of sales very closely all morning. Only cost about $2mil to drive it down about 14% then on the way back up it did about $6mil in the space of 30min. Good way to make a quick buck if you have the volume to cause a stampede. Wouldn't show up either because they're not moving by 1%. Just before someone was buying out whole levels as they became available. Now since the drive down there has been almost 4.5mil shares traded. Good way to either cover some shorts or accumulate.
There were a lot of people with itchy trigger fingers that freaked out and sold.
- Forums
- ASX - By Stock
- SGH
- Insto could be accumulating right now?
Insto could be accumulating right now?, page-3
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SGH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online