NDO 0.67% 75.5¢ nido education limited

There's no doubt in my mind Shakin someone is holding it back...

  1. 8,598 Posts.
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    There's no doubt in my mind Shakin someone is holding it back and has been for some months. Two orders for 999,999 shares on 3.5 last night were removed as they are every day. Genuine sellers don't take their orders off at the end of each day as you loose your spot in the que. This morning I noticed that it was looking like opening up at 3.5-3.6, so close to open our "seller" stuck their orders back up at 3.5 as it looked like no one else was going to and so put the brakes on. Yes, those orders of 999,999 have been eaten into a bit but you can sacrifice a few for the greater cause especially if you hold millions and your buying them back from the other side. Really we should be sitting at around 5cents at this point but they have stifled the buying at every opportunity. What will be very interesting is if we do strike it good at Bara how they go about it. As little as 10miilion shares strategically placed down the line could easily pull up any advance. The only solution is sustained buying of 10's of millions to put this to bed. But even when the euphoria subsides with so many shares at your disposal it's very easy to manipulate it back down again. All IMO only of course and let's hope for the best next week.
 
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