CNP 0.00% 4.0¢ cnpr group

something dodgy going on, page-5

  1. 2,496 Posts.
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    drbeattie , you see nothing but negativity but still hold stock. If i was that worried i would have sold the lot by now but what keeps you holding on?

    Also what made you buy in the first place at over $8?....from a previous post where you informed us that you and your wife were ruined.....from memory the sp was around the low 20's and you were really sounding down and out and i offered some words of encouragement.....presumably you topped up in the low 20's and doubled your money on that investment?/

    yes, it is a worry that the number of sellers has increased over the past 7 trading days from 612 to around 960 now. The number of buyers has fallen from 707 to around 554 now.

    I hedged my bets by buying more of cer where the exact opposite has been happening in relation to buyers and sellers.

    Don't forget though that cnp has been more of a trading toy for the wolves out there who have been operating in packs, and like i've said about a dozen times already there is no trader with half a brain that would be caught dead holding onto a stock with an imminent trading halt even if there is a 90% chance of a favourable outcome. The 10% chance of failure is more than adequate reason to cut and run.
    If there is a positive outcome you can bet that they will be back in full force. All they are interested in is volume and churn....holy smoke i've lost count of the number of times i've already said this.

    like the seven dwarfs...it's off to work we go.....volume and churn, volume and churn.
    keep repeating after me, volume and churn, volume and churn, volume and churn..............
    might sound flippant but intuitive feelings, attachments or premonitions you may have about a stock are not at the forefront of a traders mind and by golly we have had some pretty hungry wolf packs playing around with Centro Properties.

    PS
    if the wolf packs get the inside scoop on an ironclad leak then it will skyrocket before official news, imho

    PPS
    all bets off, if a major holder is selling this late in the piece.

    DYOR< DYOR
 
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