NDO 0.67% 75.5¢ nido education limited

baragatan-1 well to be re-spudded nido petrole, page-99

  1. 8,598 Posts.
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    All that aside Merle, the biggest problem this share has is the seller or the perceived seller whichever way you are inclined. They have the ability to stop any advance in it's tracks. Every morning we have the same "seller" of 999,999 shares. Today , two of those orders placed at 3.5 and one at 3.9. why place them so far away from the market, doesn't make sense. One look at that from a buyers point of view and they would move on., It's very easy to do for someone who may have , let's say 400-500million shares. even on a big volume day for Nido of 20million shares they could easily cap the price by sacrificing a few million to achieve that. The only way to beat this game would be a good 100million volume day to scare the pants off them or clear their overhang if it exists. At this time the only way it's going up is if they let it. IMO we are being beaten into submission but with a sp at this stage of 3.2-3.4 then it's no accident. Just my opinion of course.
 
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