Replies to post #3972 on Enigma-Bulwark Ltd. (EBWK)

[chirmpenholder]

It's not one seller with tons of shares at .35, it's that the .35s get taken out, the sellers move off, and then when the volume isn't sustained, they come back down because they know people will buy there. That's what we've seen over and over the last few months. A quick burst of momentum that runs us up, then it dries up, then the sellers walk it back down, and .35 is the sweet spot for buying, apparently.

[Hilljack]

I don't know for sure....LOL It is enough shares to keep us in the mid 30 cent range. Don't mean to be a downer, just frustrated! Uggghhhhhhhhhhh!

GLTA

[chirmpenholder]

Given the fact that those large blocks on the ask aren't moving down, it seems pretty obvious to me that this is an individual or a single group hoping to suppress the price and/or induce sells at the offer to get shares cheaply before the acquisition closes.