CUS 7.69% 7.0¢ copper search limited

big run for the past few days, page-2

  1. 1,105 Posts.
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    Trader72,

    All the hot buying (i.e insider trading buying) was done over the last week and a half. The insiders knew the timing and the release of this information.

    Considering the SP has run hard from around 0.085c to 0.125 prior to ann in a week, weakness will no doubt set in as insiders get out and profit taking will occur.

    Take a look at this stock in the next few months as all the hot money will have disappeared and the SP will be at a more realistic level.

    I have only seen glimpses of the latest ann involving purchase of SGB's non-branded ATM Network. It is a considerable cost for CUS! Can they fund this?? How are they going to fund the purchase??

    Cheers Freakme
 
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