Waiting ..., page-2

Someone appeared to have sold a grand total of 100,000 shares in the last hr of trade to bring the price down 10%, and appeared to have bought back roughly the same

quantity just before close for a loss of $100. Let's see if right now there is a repeat of that going on.

Not sure if the robot is just being silly, or more like the shorter driving the algo is. There must be a firm belief that someone would seriously consider selling the lot at 1.6c now, instead of when price was close to 4c 12 months ago, or above 2c in the past 6 months, or stopping at 1.2c towards end of last year, or even above 1.7 couple of weeks ago. Maybe hoping for a poor trader stranded in low volume.

Maybe the rest of us would consider buying up now ahead of the big boys. Don't forget they are here too to make cash at the pump, not to hold stock forever.

BTW if one of these big boys happens to be holding a decent chunk of the oppies, the choices could be:
1. Sell out at 0.1 - 0.2c a pop early, seeing that the oppies would never reach the exercise price;
2. Or even better, squeeze out a few more players while waiting for a pump, then flog them hard at few times higher the price (preferably not too close to expiry date), then underwrite them when the heads drop back to below exercise price for a handsome x% underwriter's fee.

Option 2 gets even better with shorting the heads if you hold a lousy few, and double the happiness when a pump comes along.

In the meantime, let's see if someone would buy back more than just 90,041 shares before close, just to keep everyone amused and things ticking along.

Thank you and good night.