KAR 0.85% $1.49 karoon energy ltd

permanent action, page-3

  1. 7,294 Posts.
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    (laughing)

    Well man... You are completly correct !!

    Like I told i'm an observer by nature... Still something I'm missing in that puzzle and I tell you what(maybe you help me conclude).

    Imagine today X number of peoplke come to the ASX and decide..ok..today we all togeteher will sell 3,000,000 (in AUS)

    Now imagine at 10:00 they begin this process( and obvviously each one doing and taking his own time).

    That process I'm highly sacure to say should really severelly drops the price (at that stage at least around 5.00.(look that formation today with thousands every to protect 5.45-5.65.. )

    You could say.. Norbert... but we have plenty of buyers ..
    That could be true but not so soon after so huge increase of price and so sistematically( you see all the day the purchases go and go and go compensating the sells.

    I can't understand why so many buyers just now,so sistematically and keeping and protecting certain levels ( like 5.30)

    I'm missing something for sure (unless the shorters are just a "fake shorters" and they did that just to cheat the market but in reality they are buying the double of what they are selling.
    Too imaginative ?
 
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