TV2 0.00% 0.8¢ tv2u international limited

General, page-482

  1. 389 Posts.
    lightbulb Created with Sketch. 93
    Bit of a pump by the CN holder perhaps, looking to capitalise on the current sentiment, hype, anticipation etc...

    IMO it wouldn't be too hard to start a premature pump at the moment. If you have enough shares you can stack the buy side and maybe take out a large chunk of the sell side in one hit. Retail investors get excited thinking something's about to happen and jump on board in a frenzy, traders may jump on trying to get a few pips too. CN holder then liquidates 10 million or so. No announcement comes, everything goes back to normal and gets quite for a while. I don't think there'd be many CN's left now, and TBH I am quite pleased that it seems to have been handled in a relatively controlled fashion.

    Up on high volume and down on low volume is a good sign. And the chart still looks good in my opinion, consolidating after the big spike and with higher lows over the previous 2-months, signalling a general uptrend. I would love for it to close on 0.018 tomorrow, simply because I like really pretty charts.

    What everyone is waiting on is a juicy price-sensitive announcement though.

    GLTAH, DYOR.
    Last edited by Parcels: 14/12/17
 
watchlist Created with Sketch. Add TV2 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.