SNSN schreef op 8 juli 2014 15:37:
Excluding two big outliers (Jun 6 & Jul 2) with exceptionally high volume ~40 & 45 M, the average trading volume within last 10 days is ~15 M/day, which is fully consistent with the 3-months average volume ~12.0 M/day at volatility ~25% (12+/-3=15-9)
Thus, nothing exceptional has happened last days/week, except that the prof small/mid-size “m&a specs” were leaving “smoothly” (on high “approval expectations”) since Jun 18 when we hit the main resistance zone ~2.78-2.80, and “asap” (on "news-event") Jul 2 ..., being “supported” by prof “volatility specs” (keeping imposed subtrend).
As there is nothing to do for "m&a specs" any more at kpn, it is changing its shareholders' structure slowly (specs’ strategies as well) ..... And as you understand, each new group of "shareholders" would like to get in as lower as possible..., isn't it?