Hi Birdman29, The stack is looking unusually good this am. But I...

Hi Birdman29,

The stack is looking unusually good this am. But I expect the block seller (had about 320k left on Friday) to reappear. They were at the back of the 57c pack but letting stock go at 56.5 on Thursday and Friday. It was (is) almost too obvious a cap and this mornings bidding looks a bit suspicious.

I personally don't get sucked into 'trading conspiracies' which are usually just punters neurosis, but I really think the sp has been/ is being held down...why else flash such an obvious block for sale for a whole week. It was originally 500k and they only tricked out 170k in a week of 1.5m traded. They definitely wanted to be seen which is not the way to go if you really want to sell a decent block.

Cheers,