MZI 0.00% 1.6¢ mzi resources ltd

mzi, page-22

  1. 5,893 Posts.
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    Well there are a few penny stocks I would never refer to 'respectfully'. MSC comes to mind. :)

    Meanwhile our seller continues to dump sizeable parcels of stock - so far with a floor of .025.

    However others are buying. I put a small order in at the end of the .024 queue yesterday which pushed the buy side to over 1M. Not long after someone shifted their 500k order down a tick to .023 and suddenly the .024 line was looking vulnerable.

    Not long after (it was getting close to 4pm) the same buyer took out the .025 line and he's still sitting there with 390k left to fill.

    Clearly he was trying to shake out some nervous sellers but then changed his mind and decided to cough up before the market close.
 
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Currently unlisted public company.

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