If there was something wrong with CUO financially that the market was not aware of but the instos were, then we would be seeing far greater volume than 2.6 million shares going through.
This is partly a resource fund dumping to get cash to survive and a shorter taking advantage of the resource funds selling.
For a company merger with assets recently valued by independant analysts at greater than $2, todays price stinks of manipulation.
I am thinking of selling another stock which is also down to pick up a few more CUO.
Angers
CUO Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held