It is floating around in my head and has been for the past few days & perhaps a few others are also thinking about this.
Each night that I sit down and look at the trades for the day I begin to wonder if we have another company taking up a position in BLR.
The buy volume is phenomenal to say the least and the reason we find ourselves at 19.5c is because of some big trades taking out each half cent increment in one foul swoop. These are 2-3 million sell orders in some cases being taken out.
It's no wonder we have very few large sell orders left after today.
The other interesting thing to strengthen this theory is that the big buys only come in once sell orders have started to build again to say 2m shares. And in the blink of an eye they are gone again.
This has been happening all week.
So thoughts anyone?
Do we have a co. taking up position in BLR?
BLR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
