BIG 0.00% $2.22 burrendong minerals limited

there is a pulse !, page-23

  1. 412 Posts.
    1.7mil sell order on 2.2 is imo a blocking bid. It moved from 2.3 down to 2.2, but always staying at the back. I reckon just creating an appearance of selling pressure for weak hands to drop and sell into the buy side. I can not be 100% sure but the signs are there. I've seen it over and over again. This usually happens before the stock makes a big move and someone is trying to hold it down before the news is out so they can maximise their profits trying to accumulate more stock at these cheap levels and selling into the news. RAUO - same thing. I've seen WCUO rally almost 300% 5 days before last trading day. So there is still plenty of bounce time for RAUO as well. I've picked up 6mil at 0.1c over the past few days (not today, but). I still think it's worth a punt. Even one tick move to 0.2c you would double your money. It's very much casino trading, and it's not how I usually trade, but with RAUO I just couldn't resist the temptation. Things are really tightening up now. I get the feeling there'll be something happening sooner rather then later.
 
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