NDO 2.27% 90.0¢ nido education limited

short term price of nido, page-3

  1. 5,784 Posts.
    vt123, might be best to look long term and watch project progress. You might be disappointed if you want a short term trade as it might stay range bound in 17 - 20 cent area for some time unless significant news.
    As billygates has said there are "twisters" of this stock - and I agree with him. One of their favourite tactics is to put in a large bid on the close as the matching period starts and then right near the end of the 15 minutes matching period they pull it away to make people uncertain (sometimes in and out a couple of times to make sure we ALL see it). They have done this and other jiggery pokery tactics for the past 8 - 10 months during periods of retracement and consolidation.
    A tactic imo to cause uncertainty and keep a lid on the price.
 
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