ECX 1.45% $2.04 eclipx group limited

ECX chart, page-14

  1. 2,848 Posts.
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    Got out as well today. The price action and increasing volume this many days after the initial drop is disconcerting. Haven't even seen a DCB all this time except for a short morning bounce a few days ago.

    My new theory is that one of the substantial holders has reviewed the situation quite a few days after the failed TO and is only now decided to get out. So potentially large sell volumes still to come. Also noticing shorters have got their hands on a decent amount of shares, so not a lot of point fighting these guys and their bots. All too familiar.

    There will still be an opportunity for a trade but don't like the odds atm.
 
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