HUM 2.25% 45.5¢ humm group limited

Something Fishy about FXL, page-38

  1. 483 Posts.
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    Hi valued investors and Speculators,

    I started this thread on the 28 April and asked why there is something fishy that the share price of FXL did not go up even as APT and other Buy Now Pay later companies rose. The share price on that day was 72 cents. The next day, it rose 21 per cent to 87 cents and today, it's at 92 cents.

    I also mentioned on the next day, maybe I should mention another share in a similar situation and see whether a similar rise will occur.

    So today, My something fishy share is ECX - Why? Despite a good report out his afternoon, the share price on such a good rising day actually dropped 6 per cent and the volume of shares traded more than doubled as outlined below:

    ECX Share Prices

    Date

    Last

    % Change

    Open

    High

    Low

    Volume

    5/05/2020

    0.63

    -5.97%

    0.68

    0.70

    0.61

    4,010,153

    04/05/2020

    0.67

    0%

    0.66

    0.735

    0.645

    1,723,872

    01/05/2020

    0.67

    -7.59%

    0.70

    0.71

    0.665

    1,377,306

    30/04/2020

    0.725

    10.7%

    0.70

    0.735

    0.66

    3,696,546

    29/04/2020

    0.655

    4.8%

    0.62

    0.675

    0.605

    2,177,338

    It is the lowest share price of ECX in a week despite a good day overall for shares in the market. Looking at the volume, could it be ECX's time for shorters to make money like they did on FXL. If so, they may need to cover shortly.
    So I have bought lots of ECX shares today on the same rationale which I previously applied to FXL with great success.may I say!

    Regards,
    IsdHope

 
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