CMO 6.00% 5.3¢ cosmo metals limited

big buyers with no news, page-11

  1. 547 Posts.
    Hi Jimmy :) yeah I've actually been holding a long time... I bough way back in May last year! so it has been a bit of a waiting game, I saw my 0.009 go down to 0.007 and wondered whether I'd got it wrong, but as it was only a small outlay I just bottom drawed it :)

    When the announcement about the vodaphone aquistion came out, I figured that come the 2nd quarter report we might see some action, I thought possibly I might see 1.5c and maybe 2c by the end of 2007!! I underestimated a tad!!! I had an order in to sell 75,000 at 2c but I pulled it because I figured it had more, I've nearly sold half three or four times, but today I decided time to take some profit :)

    Will be interesting to see if the speeding ticket causes much of a blip or not! It certainly could be the catalyst for a sell off as I said before the weekly chart is looking way overbought on the RSI indicator.
 
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