you know there is a big seller when...

You know there is a big seller in the market when...

A continuous line of stock keeps hitting the buyers, in spite of the fact the selling is being forced to jump accoss an ever increasing divide due to a growing spread.

The spread is growing because genuine buyers refuse to follow the price down...because the prices are just too silly.

The seller pretty much has the stage to himself at such times.

In the absence of a major seller however, or someone applying artificial dowards pressure, this sort of spread-jumping selling activity ususally signals a reversal is in...after which the stock normally rises, even if just to explore the levels at which the rest of the sellers will offer their stock.

This same pattern has been ongoing pretty much since the 7th August...and I suspect to a lessor extent since the IPO.

This "pattern" became even more intense, almost desperate in execution, after the subsequent and more significant announcement regarding success in the horizontal well on the 10th.

We are talking about millions and millions of shares that have hit the sell side in this time...yet we have not seen a change in substantial shareholders notice?

Which means...either losts of larger holders (but with less than 5% are exiting en-masse (why?)...or, someone simply fogot tp lodge the changes?

Either that...or something not right?

Cheers!