PLV pluton resources limited

chart, page-25

  1. 46,902 Posts.
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    as an aside nothing stock specific but seeing you asked Quite often you will see a spike in price and volume prior to good news coming this is particularly so with mineral and oil explorers lots of drillers and GEOS have mobile phones thats why ASX issues speeding tickets every day of the week.

    Obviously insider trading is illegal but it does happen and it is quite often signaled by the chart before the announcement's

    Conversely companies will delay bad news to the 11th hour which is why sell signals are quite often given by the chart days or weeks before an official profit warning, poor assay results, dry wells, capex blowouts and funding deal fall overs.

    Once again I stress general comments here relating to charting buy/sell signalls and nothing stock specific to PLV

    Hoot
 
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