No I think those buying will run out of cash. The trend down is just the weight of the volumes coming to market. Each day it opens a bit higher than the close and then over the day it gets sold down down down until the price goes down. Really we are looking at over 10% of the company's shares sold over the past 3 days and again today looks like its heading to around 6 million shares sold...
I will wait until hopefully those wanting to tax loss it are left with fewer buyers...
EPW Price at posting:
78.0¢ Sentiment: None Disclosure: Held
