sorry to post so much, just that I have been watching trades in detail today and wanted to see what you guys think of my take on things???
I think someone is accumulating at the cost of other investors stop losses..
I noticed at the end of the day, the support on the buy side being a few million kept dropping down EG..from 9.5c to 9.4c then to 9.3c etc just before the sell occured..
While they were pushing the sp down, they would have triggered stop losses and some would have given them back the shares at a reduced sp...
I wonder how many got taken out by the forced sp drop???
If any of you got taken out like this please let us know...it will help others to keep their stop losses lower so they dont get taken out next time this is tried...
The accumulator seems to be working in a bracket of about 10% eg between 9 and 10c....so if we hold and put our stop losses much lower, it will prevent them taking your shares for less than YOU paid for them..
cheers...any thoughts from anyone else
VLA Price at posting:
92.0¢ Sentiment: Hold Disclosure: Held
