The question becomes, why did state one dump their shares if nothing has changed?
If it was a pump and dump, the question becomes, why are buyers not flocking to the stock if it potential is so great?
Buy the rumour, sell the fact. Short term they will need more positive news released to gain momentum.
Will be interesting to see if the top 2 holders have confident to buy all these loose shares but from experience, I doubt they have picked up the majority, otherwise word would have leaked and price would not be falling.
There just seems to be a lack of buyers this week and that is a worry.
Monday will not have a lead from the U.S market, so that could lead to more selling
MNQ Price at posting:
1.6¢ Sentiment: None Disclosure: Not Held
