Bebida Beverage Company (BBDA)

[GreenHarvest]

Klinsmann, this seems like an enforced or manipulated trading that's been going for the past 2 weeks at least. It seems to me that a technical trick is being used to keep trading at a predetermined price channel for the favor of someone. The situation simply doesn't add up even if we ignore the fundamentals and look only at the buy/sell volume. Even if the SS is huge trading would probably go down not stay in this channel. It seems it's better to bring the price down for that "someone" but it's hard to let traders let go of their shares easily and hence the strong floor/support of the channel.

I have no problem with the current PPS as I'm not convinced it's reflecting where it should really be by now and hence I convert what's on the screen in my head to PPSx2 as a minimum so for me 0.0006 becomes 0.0012 and so on and will keep doing so until fundamentals and SS prove the opposite or the PPS goes up to where it should be.

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Posted by: Klinsmann
Date: Tuesday, May 12, 2009 2:56:48 PM
In reply to: None Post # of 68951

74m buys vs. 8m sells. This can´t be held down another day imo