Yes, I agree. Today is T + 4 settlement for 22 Jul 13 (Monday) fizzled-out uptrend and 29 Jul 13 is T + 4 settlement for 23 Jul 13 (Tuesday) fizzled-out uptrend. Essentially, today and Monday there will be some force-selling imposed on contra play. After that .......... ???

A lot of dumpers at RM 0.355. KWSP has dumped its entire stake of 17.458 million shares in Sealink Berhad between 2010 to 2012. I wonder which other institutional investors are doing the dumping now in 2013?

Other than the 30 largest shareholders (85.68%) there are 14.32% of combined minority shareholders holding approximately 71.6 million shares. Assuming that the 30 largest shareholders don't sell their holdings, at this rate of dumping there will be no more shares left to dump by the minority shareholders therefore the only direction for the share price theoretically is UP.

It would appear that someone kept on dumping the shares to push down it's price to RM 0.335 level. The dumpers could be made up of long suffering & fed-up investors that had held on to it's shares since IPO days in 2008 (RM 1.25) or contra players (T + 3) had been caught by the recent short-lived uptrend. Any idea?