PRW 0.00% 0.1¢ proto resources & investments ltd

news we need results!, page-12

  1. 1,126 Posts.
    Ken, I have been thinking about this and the reasons why total sell volume dried up to be only about 1.5 mil and then increased very quickly to 7mil last week.

    I have 2 possible explantions:
    1. Short term traders may have bought into the run and immediately placed a sell order at a higher price
    2. Massive accumulation is going on. We've seen 40% of the company bought up by the large international investors in the space of a few months. They wait for the sell side to build, maybe even encourage it to build and then buy it all up until the volume decreases to the point where they need to buy more, but noone's selling. So then either the sell bot starts or a wall is introduced to coax more sellers out.

    I'd be interested to hear people's opinions on this. Would there be any possibility of a takeover going on?

    Its all fun and games and as long as it keeps its general trend, its all good as I'm in for the long term.
 
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