" With all the sleuthing that goes around on HC, could anything that CQT mgmt attempted go unnoticed? "
You bet it could ex-Yank. For instance, most long term shareholders were mere spectators to the JJ accumulation, many failing to grasp what was going on, which was evidenced by their willingness to sell. ie: Get some money back thinking, even if it means selling for no good technical reason. Indeed, fly in the face of best TA practices. Much the same as hydrogen has just explained in the price zone of today's action.
Then there was the unanticipated slam slam dunk move management made on GFA, which of course had an immediate affect on the price.
Whilst there has been a lot of discussion on the macro issues, ie: the battles, the state of the war game has only been addresed by a few.
It wasn't ten minutes ago when quite a number of posters here were dwelling on the 40c barrier, and certainly not helped by GFA servants such as Vic who pushed hard on the 40c ceiling. Nevertheless, through lack of clear thinking many bought this story and sold in the >40c zone simply because of sentiment.
Yet some weeks on, and now that we are well into the 70c zone similar discussions still gain a bit of currency. Naturally without paid sods like Vic retailing them.
Don't know, but I fully expect a few left fields moves will be coming from CQT.
CQT Price at posting:
74.0¢ Sentiment: Hold Disclosure: Held
