Could be they sell because They see Copper down from its highs of $4.80 approx. now $4.52, went down as low as $4.488 this morning.
And then there is also the run up from $1.50 --- $2.34, they made their return. 50%
In a matter of 2 weeks time.
The technicals are overbought and its still a ways yet till news on cores, maybe another 3 weeks too 5 weeks time?
Just a guess though.
Level 2 Quote
| Market Depth | Orders/Shares | Bid Price | | Ask Price | Shares/Orders | Market Depth |
| | 2 / 400 | 2.10 | | 2.14 | 1,400 / 1 | |
| | 1 / 100 | 2.09 | | 2.15 | 15,100 / 2 | |
| | 1 / 1,000 | 2.08 | | 2.16 | 800 / 1 | |
| | 1 / 1,000 | 2.07 | | 2.20 | 100 / 1 | |
| | 1 / 1,200 | 2.05 | | 2.21 | 6,600 / 1 | |
| | 1 / 100 | 2.04 | | 2.24 | 1,000 / 1 | |
| | 1 / 1,400 | 2.01 | | 2.29 | 6,500 / 1 | |
| | 3 / 1,600 | 2.00 | | 2.30 | 100 / 1 | |
| | 0 / 5,000 | 1.99 | | 2.31 | 1,700 / 2 | |
| | 1 / 2,500 | 1.96 | | 2.34 | 5,400 / 3 | |
But the looks of the bids are really weak right now. All it would take is one big sell at market or a big sell order with a limit of say $1.95 , it would by the looks of it maybe take a sell of 15 or 20 thousand shares too take it down there, but then there might be icebergs in there as well. ???
Who knows/