Ann: Spacetalk goes to the UK, page-76

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Goblin

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23/01/19

12:15

Post #: 37197947
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Originally posted by chuk: ↑

fs0010, this morning I posted this;
"Seems odd that someone had stacked 4 consecutive sell orders for 8,000 shares each between 3.15 and 3.18. Prior to that, yesterday morning when it started looking like it might push through 3.30 towards 3.50 on light volume, someone put on a large sell order which did the trick and pushed a few traders to bail and push the price back towards $3, again on light volume. Are these legitimate sellers that have no idea how to sell a stock trading thin volumes or are they holding the price down to accumulate as much as possible before the next up leg?"

and you responded that it was previously being pumped. Well if it had been pumped up to $5 as you say, what I am seeing now appears to be the opposite; it looks like it's being held down on purpose with multiple large sell orders on what we all know is normally a low volume stock.
Do we draw the conclusion that we are seeing a downward pump and it is now possibly bottoming at $3 after peaking at $5?

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chuk,

You like numbers. Look at APE. The md owns hundreds of millions in stock and one of Australia's richest.

https://www.smh.com.au/sport/nrl/he-s-a-billionaire-but-you-wouldn-t-know-it-politis-marks-25-years-as-roosters-chairman-20180803-p4zvd9.html

Last edited by Goblin: 23/01/19

MWR Price at posting: $3.05 Sentiment: Buy Disclosure: Held
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0 Great analysis

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Ann: Spacetalk goes to the UK, page-76

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