CUO copperco limited

curious price movements

  1. angers
    3,559 Posts.
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    09/07/08
    15:55
    Post #: 3969311
    Anyone watching the last half hours trading on CUO?
    Strong buying of around 1m shares pushes SP up from 50.5 to 52 cents. Then within minutes a small seller dumps it to 48.5 cents.

    This smells of an announcemet comming with buyers jumping in and then a push down on the SP to get more shares cheaply.

    Either that or a confused trader who holds on till the SP has a run to .52 cents and then sells below the low of the day??? Any comments?

    Angers
    CUO Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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