Hard to be completely sure, but a cursory look at the trading patterns suggest the instos and larger holders sat on the bench today. Don't be surprised to see a number of large buys in quick succession when it becomes apparent nerves have settled.
I would normally agree to that but it seems that specially when directors sell and all of them together it is a clear indication that this one has hit the high it will see for the foreseeable future.
Prepare to see 60 or sub 60 cents. This is probably the high this one will ride this year. Good luck to all.
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only fools would sell their shares, page-62
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