Power of the iceberg?
posted on
Oct 20, 2016 09:44AM
There has speculation for some time that the controlled and systematic buying over the past year was potentially an "Iceberg". Basically an entity accumulating a large position through small controlled purchases.
Is it possible the SP is being driven down by that entity now that they have a large enough position to influence the price? Could they have been accumulating a position with the intent of suppressing the price at an opportune time?