QPN 27.3% 0.8¢ quest petroleum nl

:o .....Facepalm...Alright I can see there must be a few...

  1. 1,197 Posts.
    :o .....Facepalm...

    Alright I can see there must be a few confused people hanging around atm, so lets do a little maths and economics.

    since 22/05/2013 (when QPN first touched .003 in more than a year) only 4.3 mil have been sold at that .003 mark. Now this next bit is purely (and perhaps grossly outlandish) an assumption that "traders" do not line up at, and continue to rejoin the front of large queue waiting to pick up a small amount of shares to then flog off at the next pip in a falling stock. Although yes its hypothetically possible, it is much more likely that some retail investors got lucky for their purposes of accumulation.

    Now there is also the little problem in this theory that there was 11 mil traded today, so unless these hypothetical traders sprinkled fertiliser and managed to triple their holding overnight then we of coarse have this dang overburden of shares "Bought" from the bid price, in fact all 11mil today was 'Bought" at the bid price.

    So if somebody can please once and for all explain to me how anyone has been trading this stock over the last 6 months ill be much more the wiser thats for sure.

    happy 'accumulating' everyone :)
 
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