coal stocks boom except cockatoo, page-8

Wojgy - you hit the nail spot on.

There is a massive accumalation going on this stock - anyone with little "trading" experience can see it on a daily basis.

Whoever is accumalating is not after a few hundred thousand .. if my analysis is right, they'd probably already have close to 15 million shares spread across entities.

When an accumalation of that magnitude happens in a closely held company, the entity accumalating makes sure that prices dont move much by regularly breaking prices and accumalating more cheaper. Classical text book scenario.

In the past 3 months a number of brokers and market movers have named COK as a great Coal buy on the ASX. Some of these are wilsons, pattersons, wise-owl, stowe coal index, McCloskey.. and a few others which i cannot name because they are subscription only.

All i can say is (and for myself only) .. its great to have prices stable to give retail investors an opportunity to be a part of something big coming on COK.

Once it goes beyond 60c .. it will be a difficult run to stop.

My opinion only - DYOR.