BLU Trading9 Sep 2025 17:21
At the end of the day I usually take a look at the trades and no surprises today ~ again .
Ever since the 18p raise there seems to have been a strange trading pattern beyond normal consolidation .
Most trades occur in the first few hours of the day.
Sells are small and easy to identify probably mostly private selling for all the usual reasons . Buys in the main seem to fit the normal size that you would expect from investors , however often there are single digit buys , and sometimes sells that imply bots operating .
The `Unknowns` are very often very big trades , in the main I see them as Buys . However , there have also been some large trades that I considered to be sells . These would seem to be placed strategically to balance out the trading bias . Overall I believe that buys considerably outweigh sells , but , the share price has remained contained in a narrow 13 p/16p band for weeks . However it is possible to buy or sell most of the time within a narrower spread .
`My Feeling` is that the 18p raise has long been absorbed but , MM`s have access to a seemingly unlimited line of stock and are able to contain the share price in this narrow 13p/16p band .
WHY ? ~~~ I don`t know ! But this trading pattern is very strange and to me not normal .......
I could speculate and offer a number of possibilities , but those would only represent opinion not fact . Company , MM , possible Predator factors . However , it seems that we are pegged here until official news from the Company breaks this `Holding Pattern`.
The issues in Brazil which so far do not seem to have been resolved provide a rational for the current stagnant share price .
MM`s will not be able to restrict a rise in the share price once they have confirmation of revenue , earnings , resolution of problem areas and structural progress . In view of the paltry market cap and exciting possibilities on the horizon , once confirmed any rise could be very quick and very dramatic . One day this `Mystery` as I see it will be clarified .
In the mean time for disciples of this Company the `Buy Now` door remains open and as a devotee , I`m continuing to buy more as and when I am able ! I`m sure things will look very different here by the year end .
Just my opinion ~ absolutely N A I .