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4,793 Posts.
90
30/06/17
14:03
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these sell orders belong to the same guy who put 6,666,667 units at 1.2c....
clearly he wanna make 1.2c as resistance so he can keep sp even lower...
when he failed to cap sp move, a rerate will start...
todays market conditions is not favour buyer along with tax selling, but next week will be fresh one and many might rush in to pick the bargains...
think about if Management do 3c sp, we won't see this level and the dumping but we are indeed buying GMC at 20% discount compared with CR takers...
this market full of these kinds of game so be it.....
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