Well I feel like I have been hit by a bus and it keeps reversing up to have another go.....
If this is insider knowledge then I am really peeved.... And furious....
But I actually believe it is a huge manipulation of the share price by EAS and I have held shares in companies they have been involved with in the past and this is what they do...
Push it up and then sell it down then go for gold when they push it up again...with an announcement.. Very aggressive...
If not them then someone who has a lot to gain by pushing the price down and cross trading to bring it down..
The aggressive nature is almost unbelievable...almost...if I hadn't seen it before....
I am going to think positively here and suggest that we must be getting extremely close to the big announcement due to the aggressive nature of the sell down and massive volume and also manipulation and what looked to me like cross trades in high volume for most of the day....
I just hope they have got their fill today.... Couldn't stand another day like today in the near term....
And if I am completely wrong and this is due to someone knowing something that is not in the public domain then heads should roll.... straight to the please explain counter.... Where was the asx... Give me a break... This should've been in a trading halt when it got crazy on no news....
Oh well.... Might as well have a strong drink and well...tomorrow is another day... Expect a bounce...hopefully...
Take care and good luck to those still holding or who sold to protect their capital...
And can the trolls please give it a rest tonight...
Oddly enough the down ramping has increased just prior to this sell down beginning... Interesting....
Maybe there is something in that...put fear amongst the holders and then follow it through with a cross trading sell down on high volume event.... Someone wants the shares desperately and cheap.... Will wait and see what pans out to explain this sell down...
purely TA theory posts, page-360
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