CFR 0.00% 0.6¢ cluff resources pacific nl

thoughts on tommorrow..., page-3

  1. 1,482 Posts.
    The quality of gem looks good to me but the market doesn`t seem to think so. Traders probably buying on a whim yesterday and then panicking as the churn slows down, then bailing to realise a 1 point loss.

    There weren`t huge numbers in any given trade either, maybe 4 to 10k here and there, which suggests they were happy to kick it down a point.

    Will probably be lucky to hold .007 today but you never know.

    If it does and then starts churning big volumes at .008 I will buy some at .008 and wait.
 
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