Last Monday profit takers got in at 7.4 and dropped the SP to a brief low of 5.9 , A few got on the thread crowing about it and expressing there intention to buy back in when it drops to 5 cents or lower.
Surprise, Surprise ,..within a heartbeat the SP was back up to 6.5 , and the majority of profit takers who took around 7 cents had a margin of .5 profit if they were to chop back in at that quote..... not exactly the stuff retirement dreams are made of.....
As to whether the SP will drop or go gangbusters....as per usual that will be decided by the big boys....if the cappers feel they that they are letting shares go to0 cheap now, and will make more by drying up the sell orders and letting it go for a run ....BOOM, BOOM, BOOM BABY......
- Forums
- ASX - By Stock
- CGB
- Current SP
Current SP, page-659
-
-
- There are more pages in this discussion • 1,367 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CGB (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online