I dare say someone is trying to run the price down knowing that at these levels any parcels they do pick up are likely to see a return in the not too distant future. It appears as if someone is selling a notable holding and selling to the bid so it'd be an easy game to play. i do think that these games are in detriment to the whole market. Basically conning average Joe out of their savings.
Totally agree and in this case it's been going on for a few moths too... Constantly being sold down to the bid on pitiful volume....
It is being constantly sold down to the bid often on very small volume - has been going on for months...
Does not make any sense unless someone want to force the sp down... And why would you want to do that...?
Well, I guess if there would be sufficient bidders who want in, than there would be no way to "force" the price down selling low volumes of cheap shares.
So - maybe the price is just an indication that holders are not very confident and potential buyers rare ...
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Originally Posted by t.rexjr
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