i prefer to think of them as kung fu moves, or native indian names, but being a man of many and varied tastes i will accept the ballet metaphor as a compliment.
everyones waiting for someone to come in with a big sell order, but it doesn't look like its going to happen. this is exactly what happened between the 24th and 26th sept, then just as a seller came in the buyers flooded the market depth and took the shareprice up nearly 80%.
i feel bad because i have enough shares that i could throw a few onto the table to help with liquidity, but i'm reluctant to part with any in case i have to pay a premium to get them back.
i'm wondering if some of the majors were selling for the exact same reason. a few months ago Victor from the board mentioned they were looking at strategies to increase retail exposure. it would make sense if you were sitting on a few million shares to part with a small percentage if it helped to grease the wheels.
AUQ Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
