I note that a large bid is aleady in the cue. Too large not to...

I note that a large bid is aleady in the cue. Too large not to be respected. The sharp sell-off in gold and the closeness of the new issue might bring out some sellers.
From a technical view yesterdy's consolidation has brought the BB to 14. I don't like the price geeting too far ahead of this key indicator.

I suspect insto's are not yet in the stock to any large extent. After a road show the analysts pore over the information to ascertain the risks etc. Of course there is nothing astopping brokers buying on their own account.