It’s just a bit of a gut feel you get at times watching a stock trade closely especially a oily penny with ST risk an ST scenarios, the market is always revaluing risk especially in NWE atm and each large holder has a different appetite for risk, I’ve seen a few maybe one large trader put large parcels on the table this week at 2.7 2.8 and then pull them thinking he’s spooking the depth and I just feel he or she will stay stuff it and close out his position on a Friday arvo as I myself have done many times in the past, next week is a new week and whole new set of risks and opportunities present in NWE as hopefully we get closer to a update on the hole and it’s integrity and the market trying to value them daily as delay heads into a fourth week, not uncommon for a oily penny but frustrating all the least for sea sawing holders&$$$$$
that’s my 2 Bob’s worth Mal happy to TA it with you anytime
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It’s just a bit of a gut feel you get at times watching a stock...
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