At first i thought the trading action we have recently being subjected to was a case of some program traders playing pass the parcel to drive the price down. Well after looking at the stats it is now pretty clear that some large holder is currently selling down.
Whether that is a result of the incident that was reported on December 06 or just a coincidence who knows ?
I have like many others on here been through a few of these sell downs over the years. One thing i know from those experiences is the selling will just keep going until they are done. They don't particularly care how low they drive the price down. All one can do is either sit back & wait it out. Or take advantage of lower prices to secure extra stock if you think it represents a good or better entry point.
STN Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
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