This is why i am not a fan of that typical bonus justification statement "...to increase liquidity..." because it means some big holders can now throw easily. their original cost was vlow to start with and the bonus gives them license to cash in more quickly bcos the ex-bonus price looks deceptively cheaper than it was higher b4 bonus.
if you noticed during the 5min prior to the last 10mins Trading At Close, someone deliberately Q'd 1000 to sell at 76.5 to influence a close at the low for the day.
93 (before ex) urm ....that day market weak +1000 counter drop...ghl drop maximum 1.03 (before ex) .... will u think will drop more then this? ehem ehem.... :)
price now stand well at 76/765(1.14/1.15) so .....
Around 1.15 was the old stable price. Agree with Christine's 76/765(1.14/1.15). If go below, then confirms biggies are cashing in part of their bonuses (no need ESOS).
Gone red again. Looks like distribution again from biggies' bonus holdings.
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L2
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Posted by L2 > 2014-11-11 17:52 | Report Abuse
some unfriendlies. dun worry abt it Christine. :)