CAI 0.00% 11.5¢ calidus resources limited

oppies : pno to pnoo, page-7

  1. 449 Posts.
    Not wanting to be a ramper but anyone thinking of buying some PNOOs may want to do so soon - we may not see .2c sells for much longer. You can buy half of mine at .6c later on if you like (will hold the other half to see where it can get to).

    A bit of weakness on the heads today but PNOO still being bought up - a good sign I feel.

    The heads have held up pretty well today. I believe the big dump we saw a bit earlier was one of the big boys doing a little "test". That is, they dump a heap of shares into the buy side and see how the market reacts. If it panics and there is a big sell-off then they can accumulate at a lower price. If there is no panic and the buyers quickly come back in then they can confidently accumulate at current levels. For them it is worth sacrificing some of their holdings to perform the test.
 
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