GDN 0.00% 1.7¢ golden state resources limited

Can anyone tell me WHY some one would sell off shares at 10%...

  1. 33 Posts.
    Can anyone tell me WHY some one would sell off shares at 10% less when its obvious that the price is rising EG: 130,000 sold at market at 11.40am. Cant tell me that this is not a deliberate act to keep the price down. If I did that when I already hold shares and made the price rise by 10% in one hit I would be slapped fairly hard on the wrist by my online broker and told that it is a deliberate act to ramp up the price. In fact the buy order would be revoked before it had the opportunity to do so.
 
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