After watching the price action the last few days, it looks to me like maybe someone is selling out in quantity at 14c. Not just end of fin. year selling, but a seller with a large holding.
Buyers are being sucked into the 14c line and then wiped in quantity each morning for the last few days, followed by stacking the sell side with more orders to sell at 14c.
I'm beginning to wonder whether the buyers will tire first and the price will fall? The volume today says buyers aren't so willing to pay 14c anymore.
With the crazy flooding over there, we may be only one "shut in" announcement away from 12c again?
SSN Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
