Re: Macquarie selling ?
in response to
by
posted on
Jan 17, 2014 01:15PM
What mystifies me on the past month or so is that the trading of about a third of the volume per day has given a fair increase in SP, however on the last 2 or 3 days where the volume has been much higher the stock price has stagnated at around the $2.50 area.
I would have thought that this increase in volume would either have increased or decreased the SP not stayed consistent. If things are just being switched from account to account, iot would strike me that someone is trying to keep the stock at this value. The amount of loss or gain would not be terribly high as long as the SP stays aroud the same area, thus the SP could be more easily held in the same range, while whatever is going on can sort itself out.
This is probably not meaningful but the action sure makes me wonder.
:)