RH Petrogas suffered more reactions after my post at 12:18pm. At that time when I made my blog post, it was 0.805/0.81 and towards 5pm, more sellers re-emerged to slam prices down to a low of 0.77/0.775 at closing.
http://stockmarketmindgames.blogspot.sg/2014/06/rh-petrogas-gap-down-after-profit-taking.html
It's obvious how this stock was first bought on hidden buying and the real buying came in to push prices up because of take over news. When prices reached an all time high, profit taking sets in and the BBs managed to lock in good $$ where they then created fake breakouts followed by short selling! Be careful if you are holding on to this counter. I am bearish temporary.
Ronald K - Market Psychologist - The Big Speculator
