KEY 0.00% 0.1¢ key petroleum limited

massive sellers, page-55

  1. 1,186 Posts.
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    Price can be very easily manipulated when the depth is thin. Today's VWAP was 10.4c, and the volume was slightly higher than recent weeks. To me, this strongly suggests that when a little confidence returns to the market and the company announces progress, the SP will move strongly.

    There's a real stand off between buyers and sellers, which is probably reflective of a lack of an expectation for any news. The SP is therefore able to be easily manipulated.

    I doubt the gas has gone anywhere. TE saw fit to add a few ($50K worth) to the bottom drawer recently. It would probably pay to ignore some of the garbage being posted.
 
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