What you are seeing today, is the heritage of years of short selling. Buyers holding back waiting for the shorters to do what they normally do.
The simple fact remains that there are more buyers than sellers in todays market.
Buyers have learnt the lessons of having abject scum in our market. So they wait for the share price to come down rather than bid openly in our market.
Is around $2.50 the right sort of price?
The ratio between buyers and sellers at around this price suggests strongly that the price around $2.50 is about right.
What you are seeing today, is the heritage of years of short...
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