CQT 0.00% 51.5¢ conquest mining limited

smart money indicator, page-2

  1. 2,713 Posts.
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    You would think the brokers would have worked out between them who was selling and buying, and get them to do a large transfer between them at a agreed price and be done with it.

    Unless off course we have all sorts buying and selling still.

    I can't help thinking that after such a long consolidation period between such a small trading range at around 50c, why has it not been smashed down even further to 40c or under. If I was a buyer waiting in the shadows or those at 48c and 48.5c why not pull those or go even lower and see how much cheaper it can go.

    Yet even today these buyers come out of nowhere and of course instead of this causing some price increase, it brings out more sellers. Something is not right with all this, but I agree with others that it is like a coil getting tighter and when it pops watch how far it goes.

    Can anyone work this out?
 
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