CNP 0.00% 4.0¢ cnpr group

volume says it all, page-10

  1. 10,467 Posts.
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    For the more cynical out there I think we are going to see a re test of our recent highs very soon. That being the 65c mark. My view is we should see that gone with a run to 85c on the cards soon enough. I say that as the big boys shown by all the big buys lately won’t want to lose on their trades and they have bought a lot so they will push it up again at some stage.

    I remember the big run to 65c certainly wasn’t us doing it. And they always seem to have a way of sending CNP sky high when they want to run it. They will also want a nice profit for their trouble don’t forget and they won’t be using all the games (capping etc) to acquire shares just to lose. Having said that however, that is NOT my view just one for the more cynical as I said…lol.

    I personally think and MY view is we have seen a strong accumulation and consolidation with increasing interest and pressure north, shown by the rising SP and volume. Which I believe indicates news is going to be very good, so buckle up. But always fun to look at alternative views. My thoughts on today are an open of 51c and a run towards 59c later today with a finish around 55.5c. GIDDY UP!!!
 
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