CLE 0.00% 0.1¢ cyclone metals limited

one of the few gems who actually make a profit, page-14

  1. 5,722 Posts.
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    hi selfsell, thank you for your long post.

    you know as we are trading shares(sorry maybe you are the true investor,), we donot mind who Tony is.

    Say Tony is X,
    what make sense is X is CEO of company Y, and X hold millions of shares of Y and intend to buy more.

    (commonsense tells us X should make more efforts to Y's development to get his return.)

    Y has good cash reserve without debt.

    Y would have some positive results to be issued during next 2 month which can affect its SP 20% plus.

    Y's SP moved up from 18c--22c--17c--26c--20c---32c--25c--27.5c
    So if you are a good trader, you made 200% profit already.

    Now it seems the 25c support is quite strong, if so you can try a bid at 24c-25.5c(target is 28c). I just wait until it drop down to 18c, or after it breaks 33c and back to 30c, I will also put a bid at 30c.

    radical traders can trade between 25.5c-27.5c these days.





 
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