Today I witnessed Noble Group sold down with a heavy volume. I am not sure if this was a true sell down or a panic sell down. A true sell down would lure more selling activity to bring prices down further. A panic sell down would mean the big players are absorbing all the floating supply so as to push the stock higher. On Monday, we shall watch closely and have an answer. I am looking to long this stock only if the big interest are buying or if selling abates.
Ronald K
