it was a 9 million dump at .009
so you can't write it off as a nervous nellie or impatient mug punter
SLT isn't as liquid at the moment IMO , but the same thing happens on WHN
a few instos buy large parcels, in the millions at say 3.4c, wait till 3.8c then dump. scare the market and shake the tree, then are able to buy back at 3.7c or even 3.6c. has been happening all week. meanwhile they are taking profit and gaining lower re-entry
just a theory. could be someone wanting to accumulate more at .008 and trying to drive the price down, scare a few.
then again it could just be someone taking profit ! in the end, thats what this game is about ... profit profit profit
either way , patience on this one should pay off IMO
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