KPR 0.00% 4.0¢ kupang resources ltd

is someone shaking the tree

  1. 480 Posts.
    Why would anyone pile so much sells on at 15c
    First 1 million then 2 million now 3.4 million shares

    If you really want to sell you are not doing yourself a favour by applying that much downward pressure
    If you need to sell you should go lower - getting behind a queue of 3 million shares is not realistic
    If it does take out 15c with over 3 million shares it is probably going higher

    So either some traders do not care/are stupid
    Or 15 is their lucky number
    Or someone wants more and is trying to get a better price - in which case the volume will run away if the price gets too close

    Maybe just wishful thinking
    But I hope it means all is going well and a ship is being booked soon
    Rumot
 
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