Yesterdays mini sell off which occurred after some broker dumped a single 1 mil sell order at 3.31 appears to have been a small blip. Selling number are thinning up until you get to 10c which lends itself to a rapid rise should a piece of good news turns up or a new buyer of 600k+ comes on board which would trigger the reverse of what happened yesterday.
Doom gloomers and conspiracy theories came out of the wood work last night but they also appear to have run out of steam.
Slow and steady and after what happened yesterday it seems we have broker\s playing around here which means many of the buys and sells on the screen may not actually be real.
A broker placed that sell @ 7.9c a few minutes after the bell yesterday as they are the only ones who can and the amount of 7,236 is not much to risk to try and trigger others to sell cheaper in a false panic.
The numbers are also building @ 7.6c so the bets are being made that another little panic can be triggered but to do that the players need to sacrifice or get others to sacrifice.
Todays prediction - open at 8c close at 8.3
SBB Price at posting:
7.7¢ Sentiment: Buy Disclosure: Held
