NANOVEU General, page-44

  1. 6,761 Posts.
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    Yes the selling has slowed down considerably this morning, volume only 1 million compared to 10 million or so by this time every day over the past week. Lokk like ( crossfingers) the entities doing most of this selling are now out of ammo, with the price stabilizing. Hoping my assumption this heavy selling was due to bigger players with decent size holdings selling down after the announcements knowing they will replenish their holdings when they are issued the pre-allocated CR shares ( from the June CR allocation, and which has to be ratified by a vote in early December). Otherwise why would you have sold such volumes given the excellent announcements and in the right space currently... AI ). The market was excited by the news but unprepared as was I for the sell-down which can only be explained by the above short-term strategy. Am thinking the worst is behind us ( the selling) and we can now look forward as the dust settles to regaining an upwards price trajectory to a more realistic level. What will really kick things along would be some sort of link-up with a major player in the AI or tech space generally. We seem to have a very competitive product, looks to me to be a compelling opportunity
 
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