Aka What an absolute load of croc. You read something in a share trade magazine and think you are now a share genius and have a magic formula for interpreting share movement history.
You mention a period of smart money moving out to take profits yet the REAL figures ( not amateurish interpretation) are:
March 2011 12.5 million shares traded April 2011 4.9 million shares traded May 2011 8.2 million shares traded
Sure doesn't sound like many getting out to me. J.P Morgan didn't get out then. You must therefore think they are dumb money.
Timeone bought 50 million shares @35cents. The price is now 17 cents. Not very smart at all but you think they, and Chinese generally, are smart enough to out manouvre and manipulate any ASX company they choose. Is that a $1 bet each way for you? Smart and dumb at the same time.
PLV Price at posting:
15.3¢ Sentiment: Hold Disclosure: Held