Very aggressive sell order stacking today. Never seen algos put sell orders in in such deliberately large odd-numbered chunks on this stock before.
Big question is whether it is a real seller or that 20m shorter doing their best to tank the share price hard.
My guess is that it is a shorter trying to tank the price as they are furiously waving the "Watch out, I'm a large seller flag" .
Looks like we are heading for another large crossing of OPM onto their shorts. Guessing 16.5-17cc this time. Have a doubt they will get this to new lows without further bad news .
Why is Arson legal when it is done by 'upstanding' members of the finance community?
ARI Price at posting:
17.2¢ Sentiment: None Disclosure: Held
