It would raise the share price.
The idea here is to buy with as little a trace as possible within a set target area, not creating a rally.
Yesterday the 14 cent stack was sold into, buyer got his/ her shares. Close strategically at low of 13.5 cents with a sale of 20k.
Earlier in the day stacks from 14 to 15 cents were filled which got swept this morning.
There is a clear buyer and a provider, making sure price does not rise considerably.
Buying so far does not exceed 15.5 cents, which seems not done by the accumulating entity but an excited market expecting a rise.
All this then is followed by the comical 1 share trade bot we enjoy for the rest of the day to make sure we close low.
Only question is whether we do see stacking at 15 to 16 cents or do we go all the way down again into the filled line of 13.5 cents.
all IMO
PYC Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
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