cudeco1. I've always had in mind that there might still be some sizable sellers (those SIs and those paid in shares for their services) who might still be in the woodwork. But, with the build up on the Buy side now getting fairly solid at the .006/,007 levels, I'd be thinking that this would be the opportunity that would flush them out, IF they were there. They would be 100/133% profits that would certainly temp those type of holders. So, that's what I'll be watching for and if they don't come out now I'd be far more comfortable that the selling from now on will come from what's visible in the market. To counteract that perceived "threat", we might also see some DTs attracted by yesterday's stand out action in a very sick market, applying the without research FOMO theory. So, with all of that and 1 April now within days, this might just become the "hot spot" for punters. To be perfectly transparent, with those thoughts, I am taking a "hold" sentiment for a few days until those "mysteries" are more clear to me. I've seen those SI and paid contractor dumpers far too often with LNY.
LNY Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held