All of the issues and negatives which came out in the quarterly were known well in advance by CXO. they didn't communicate that information to retail shareholders. But the Shorts definately knew all about it. and if shorts are not decreasing their exposure at these prices, there's a reason......Takeaway for me is this:
1.Shorts do not equal dumb money. If the shorts are active in a company, there is good reason for it2.companys, ceo's, management etc like to toot their own horn. If there is no news when news may reasonably be expected, then it is for a reason. It's usually bad.Plans on holdbottom draw for me.
Banter and general comments, page-30008
-
- There are more pages in this discussion • 8,907 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.1¢ |
Change
-0.002(2.15%) |
Mkt cap ! $194.4M | |||
| Open | High | Low | Value | Volume |
| 9.2¢ | 9.5¢ | 8.9¢ | $1.048M | 11.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 291805 | 9.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.2¢ | 292171 | 5 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |