@Acca
Looking at the sell side., my gut says cappers are playing games.
This happens when they smell a good thing
Column 1
Column 2
Column 3
1
19.5
8
308,059
2
20
4
448,953
3
20.5
1
52,500
4
21
6
473,986
5
21.5
3
63,000
6
22
9
1,045,042
@20c, 4 x 112000 = 448,000
@22c, 9 x 116000 =1,045,000
All they need to put some of their shares on sell side.
(They don't mind losing some at 19.5c)
This scare some holders into thinking there are big sell-supply. A few shhs got conned into selling .
(They are also on the buy side, waiting to accumulate)
Occasionally they will sell a few shares to themselves
Saw this 'capping' pattern in a fintech Rto stock, on closing 4pm auction, on most days for 3 months, April-June 16.
(Trolls may show up on the thread at the same period)
Some of us joined them and accumulate bits and pieces for 3 months, before its suspension.
Its ready for relist, soon.
Covata will be a ripper before christmas16.
Aimo.
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As for mal'
He is a social poster, and does not own shares in 19 out of 20 stocks he comment, mon-fri.
(i think he enjoys and needs lots of attentions)
I put him on 'ignore' 2 years ago.
