CAI 0.00% 11.5¢ calidus resources limited

the colt from old regret, page-30

  1. 7,746 Posts.
    Today was a bit of a lost opportunity for Celtic imo. Last time they got it to 0.3c not with the aim of selling but with the aim of letting 0.2c buy line build. Then dump into it.

    Today looked to be building similarly. Pull the 0.2c sells, release the breaks. Hit 0.3c and a bid at 0.2c

    But instead of letting the buyline build, they sold into the small amount there, thus bringing the bid back to 0.1c which wasn't a smart move.

    They should have churned a few at 0.2c with the odd bite at 0.3c, give the impression that 0.2c is bargain. The line builds. Then dump.
 
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