RE: Anyone noticing12 Jun 2020 14:22
Hvivo... He is working on the assumption that some people have topped up all the way down and are over-exposed, also that a % of the placees are those that went through the open offer (perhaps he is one himself). Therefore when the SP moves up a simple tactic to use to make those people sell is to instil doubt. It owuld be entirely logical for people to off load shares as we move up and this of course would be a natural behaviour of the markets. Traders watch for signals for entry, retrace and work on assumptions on share price movements. This aint a rocket but it far from a pump and dump as well they know.. Cheers all