WFL 0.00% 0.3¢ wellfully limited

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  1. 5,184 Posts.
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    If you look at the events surrounding the last 2 announcements, you can easily spot that the rallies following the Strategic Alliance with the FMCG and GSK's FIM development were cut short instead of being pushed along by traders as was done in the past prior to those 2 anns.

    What that implicates is that traders were pushed out of the share base and are now entirely absent, as evident in the low price.

    To keep shareprice at low levels allows one to accumulate at a slow pace several million shares per day.
    If multiplied by several months this will create a good opportunity to accumulate at stable levels without price increases.

    The name of the game is to frustrate market with lack of performance and scoop the shares desillusioned sellers offer over a lengthy period of time.

    Given enough time, large parcels can be obtained in this fashion which was purchased at identical price levels.


    Capping of companies offering derisked outlook on the heels of good announcements is a common practice and something to look out for when attempting to anticipate a strong price move on pending news.

 
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