Though it does appear BMO is the focal point in a continuing pattern of Accumulation, Who is Selling the Shares for them to accumulate?
The other day, even before the Co-CEO Interview was released there were intermittent bouts of Selling into the Bid occuring. Once the Interview was made public (Posted by Agora here) the intensity of Selling into the Bid increased greatly. Following the Interview (length of time needed to listen to it just a few times over) the Selling continued, to both thawart moments of increased Buying and to keep the SP down at about the $0.80 - $0.85 range.
There could well have been a desire to have the SP go Sub $0.80 if the External Buyers (those Buying other than the Accumulator interests) were less active.
Then on the very next Trading Day FWR makes their KNOCK-OUT NR (that is how significant the FWR NR IS!) and for a very short while there is Strength in both FWR and NOT's SP.
However, just as in the past this Strength is quickly Corralled and hit by the 'Sell Into the Bid' Stun Gun!
Planning:
Interview to KILL! Accumulator (very well organized with incredible TIMING (with WHO's Help?), Very determined, and apparently TOO Confident they can CONTROL THIS BEAST (implying POCKETS SO DEEP they have little to fear in their Excessively CHEAP Accumulation Venture) such that it has to be a foregone conclusion on their behalf) accumulates slowly (relatively) but STEADILY.
Question(s):
How many Shares do these Accumulators want?
Which area Companies do they have in their Sights?
What is the Time Line for Accumulators?
What are they actually Accumulating Shares for? Themselves (think so) or to influence the course of the Bidding Games (last years Games). Buy-Out Attempt(s), or simply to frustrate Retail Investors (current & potential) untill the REAL Action Begins - TAKE OVERS/ BUY-OUTS/CORPORATE CONSOLIDATIONS/PROPOSED MERGERS.
Old Joe
PS: Games are still ON.
When are the Championships scheduled to occur or is it simply a case of TRAINING & Preparation for when the MONSOONS do finally arrive?
