ETC entertainment media & telecoms corporation limited

the big seller??

  1. ABK
    57 Posts.
    No doubt everyone is aware of the seller of approx 1.8m shares @ 48c.

    Is this guy an obvious buyer or what!!

    His sell order is clearly priced so high that hes unlikely to get a hit -AND he pulls it every night (no pun intended)- and puts it back up every morning!

    This is clear manipulation and an attempt to dampen sentiment - but who does he think hes fooling?

    By the way im no believer in the single seller theory - smashing down the price relentlessly - i think its got more to do with a lack of buyers atm due to the company being making no recent ann - rather than a rampant seller (the volume today only amounted to around .3% of issued capital)

    the company needs to communicate better (and more regularly, given thats its a new startup and shareholders are often anxious around progress) and announce some major deals around its nexbis business instead of churning old news. then the price will move...............



 
watchlist Created with Sketch. Add ETC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.