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Note to retailers or Inexperienced Traders...... At 3.30PM 3 x...

  1. 1,604 Posts.
    Note to retailers or Inexperienced Traders......

    At 3.30PM 3 x lots of 200,000 shares were placed at 44,45 and 46 cents by one entity.

    This would indicate that someone has not got their fill at the price they want their fill....if you are a serious seller the biggest thing you DON't do is show your hand and make it 3 pips from current price in a stacked formation. Very clear intentions here to cap and accumulate don't be a victim of it instead ride it out remember their doing it for a reason.

    The only other thing i can think off is a entity working on behalf of MLX watering it down for a takeover bid.

    Cheers bonkers
 
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