I know BNP are obviously playing the long game, continually accumulating for 12 months now.. but would they be happy for the price to keep dropping (if they aren't helping it), or would there be a level they'd want to keep the price above, rather than their massive holding be in the red?
Who knows, maybe they've algo'd their <60m units so well it's still in the black!
They were still accumulating when the price was above 3c, and have been doing so since around 3.8c Affinion news.
All we can do is hope the big 4 deal is actually happening prior to a raise.. because no-one will take it up otherwise... and unfortunately, like always, the big boys will again clean up.
1.3c now.. this is just sickening.
Makes no sense, the buying in recent weeks.. big hits up to 2m buy at 1.8, unless something is coming.
Obviously no one has any confidence to buy currently.. but I get the feeling that times like this are always the times to buy, when it looks woeful!
Someone with at least 4m is driving it down.. The fake 4m sell stacked briefly yesterday morning, just like before Xmas... then a couple of weeks later, the t50 showed a financial planner had quickly loaded up many millions, before the sell side suddenly cleared up.
I suspect the same player yesterday morning, who often places 2m a few points above the clearing price, in pre open listed a 3m sell, then it was 4m, then it was 3,560,000... now it looks spread 1,160,000 safely at 1.7, and other bigger orders nearby..
I haven't been able to get a current t50 lately, but have requested again.. I think it will clearly show who is behind it, and who is loading up.. as hard as it is to believe someone is loading up while the price is crashing! Surely this is a ridiculously undervalued price, not sure why anyone would be selling unless they were desperate.
Things can turn so quickly if we finally get the right news, and the pro's want it flying.
**edit. Isn't that a surprise.. the 1,160,000 and other stacked sells a few points away suddenly just pulled!
Manipulators are thoroughly monitoring this thread, and I suspect regularly posting negativity too.
Notice the skipper lobs a quick thumbs up on every negative post lately too... syndicate.
All my opinion.
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