GXY 0.00% $5.28 galaxy resources limited

Here is the action prior to the open... Yes, there was a...

  1. 13,094 Posts.
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    Here is the action prior to the open...
    Yes, there was a relatively large volume of bids and asks in the queue.. some quite larger single orders in there, that’s what caught my attention.
    It was balancing at 1.13 for quite a while. I saw the very large 1.135 ask as a capper, trying to create an illusion of a downward movement today to entice others to get out early... who knows.
    The numbers in the bid queue indicate the same person with multiple 100,000+ orders... perhaps someone playing with borrowed shares (offering for sale) also had the buy orders in place as part of their plan to cover earlier shorts..?

    In any case, it seems a bit suss to me. No way those 600,000-odd shares were getting hit. A serious seller just doesn’t sell like that...?!?!

    Imo!

    Pre-bell:

    upload_2019-9-19_10-40-52.png
 
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