AUL 0.00% 28.5¢ austar gold limited

'LOL! Still capping! When does the capping end Hardman? Are the...

  1. 3,072 Posts.
    'LOL! Still capping! When does the capping end Hardman? Are the 'big guys' taking the shares 5000 at a time? Just to keep the little guys down?'

    the accumulators will take them 10 at a time if that is what it takes to fill their order.

    have a look at the vultures sitting on the bid between 10 and 11c. these are the same guys who have been selling small parcels all week to walk the SP down towards that level. if they create enough selling momentum based on fear they will fill their million+ bids at 10c-11c. the clue about this all week has been their determination to sell small parcels to lower the SP, especially at close.

    once they load up cheap they wait for the next positive ann (and they know there are plenty coming because they know more about MNM than the momentum monkeys selling shares to them) and then start walking the price back up - knowing full well that the same momentum monkeys will buy back in when the price runs again.






 
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