KR,
It can be leaked information sometimes. It definitely does happen. But in this case I don't think so. The more popular a small-cap stock gets, the more traders keep an eye on it. And when something starts the traders off they can all pile into it, sending both volume and price rise through the roof in one day.
This has been happening a bit to COK lately. It's slowly but surely garnering more attention and I'm getting the feeling that a 'perfect storm' is brewing.
Continued rise in the PCI price, M&A activity in the coal sector, more good production and exploration results from COK and a lot of traders watching closely could see a real breakout. It could only take a rumour of aquisition for the price to fly.
Of course it can drop back just as quickly the next day, but the fundamentals of COK are strong enough that the overall trend should definitely be up.
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- sep 2008
sep 2008, page-7
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