a strange days trading, page-3

Garry

I feel that someone saw that WRR had been sold down to cheap (imo) levels of 1.2c and snapped up some cheap shares, looks as though those purchased at 1.6c simply took that traders volume towards 500,000.

WRR had 2 sellers of 1.7m shares at 1.5c for a couple of days, that seller got nervous and sold yesterday at 1.2 - 1.4c.

Another seller is today on the screen with apporx 1m shares. To me it looks as though day traders who may have purchased on the break of 1.5c are getting bored. Though you could not blame them with the depth currently 1.2/1.6 last 1.3c on tiny volume of 41,530 which is approx $500.

Yesterdays afternoon buyer has simply moved the order back to 1.2c and trying to pick up shares on the cheap. The current depth is likely to make people a little nervous imo smart move for someone looking to accumulate.

Cheers

Clever1