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21/03/18
21:41
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Originally posted by Samboy69
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Big negative, now we know Van Eck has been capping the stock and selling 44-47 and we also now know they still have a lot more to sell
GDXJ is out for PRU and means Van Eck thinks its going lower.
This contradicts Ruffers, Dimensional Paradice & Aust Supers moves in accumulating but we know D & AS have been trading up and down 30-40 & 40-47 so again the INSTOs are fickle and if they see weakness they will pounce on it. Ruffer & Paradice have been very quiet.
Im the one who tipped you off that Paradice was accumulating but now I dont think so anymore as we see their golden child SLR drop away. Now a 7.5c price gap opened up so this means to me that Paradice is not buying or ramping PRU anymore.
The tops keep being sold into, its the 5th run of this 43-47 area now & each time its not held & gone back to 39-41.5c. It looks like the INSTOs are playing their usual trading games yet again. Just saying.
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Absolute ignorance on display.