you are pretty confident.... so lets look at some facts.
here is your correlation over the last 3 years.... Yep ... super corrolated...
then lets talk about volume.... see the nice "churn" ...to mean turnover in place....
bulk by price is at the 17.5c.... and the average is about 1 million, maybe a little higher of the last month......but then we need to subtract the known holdings... which according to here.... Centrex Metals Ltd (ASX:CXM) Share Price - Market Index
70% is held by the top 20 ... 70%!!!!
so that churn is playing with a total of 180,000,000 million of available shares. Now how many of those available shares do you think are sitting in my account, or your boyfirends account who aren't selling.... 10%, 20%, 40%...... so all of a suddent that "tiny" volume is actually very significant.
So, firstly I bring reciepts.... secondly, i suspect i've a better handle on this game then you.
spec stocks are correlated to the XJO ... hahahahahahah ! back to school skippy.
CXM Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
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