itll be a good new year,,lucky you havent been sucked in like many others i suspect .
I keep being amazed how many punters keep looking at the buys and sells stacking et al and reacting accordingly...the only thing they can see is what someone wants them to see and react to ...even i its make believe
GUYS ...The buyer KNOWS you are looking at the buy sell volumes and ...say I am a real buyer looking to accumulate..I am not going to declare my mind, i'll stack the sell side ( notice it never drops much despite volume trading?). I I get taken I dont care i bought some under here. But ill keep apparent pressure on...
Notice when substantial shareholder notices get declared that not all trades are buys? Of course not..If you need to buy volume you look to push the price to your bid and lower the market by shaking the tree a bit. There are you say guys..some 8000 or so retailers ..mostly nervous punters ,, easy meat..make them sell to me .After all I'm not looking for a bulk trade from a major shareholder. .Watching the bid and offer trading at the money during the day you can see what's going on... and thats not including the BOT trading thats in there to drive expectations too. Remember the exchange allows undeclared bid/offer volumes
Guys / gals... are employed to play games here paid too much too but need to get results ..fixated more than you ..all day ..nothing else to do and paid , ,,,,probably unlike you.
Unless you are least as aware as the SEATS traders and their practices and aware of BOT trading programming methodology..DON'T get in there..its sucker stuff ...its psychology management or traders not value investment ..
Believe in the company value drivers and numbers - refer Coal of Africa .. Why didnt CCC go alike ??...price management under way thats why..nothing complicated
Suddenly .....perhaps any day soon... you'll see another house just accumulated 150-200 mill at good prices ..mark this post..you wont need to wait long
CCC Price at posting:
67.0¢ Sentiment: Buy Disclosure: Held
