where to today?, page-36

yeah saw that...sneaky buggers.

Selmax...we are a little stuck. I am leaving it on my watchlist...not even watching market depth from tomorrow. Prey is right...it will run when ready and Atlam...yeah another signing might get a boost.

The only problem is now is one like I have seen ESI, STI and many others have now.....when it announces something good and you see it run up nicely then dump like crazy and has its head held under water......potential buyers get skittish and wonder wether its worth entering.

I personally would be wondering next time CNN announces...will it run up then this big seller run it back down again and hold it there?

These sorts of situations are something out of my depth of knowledge but I wonder if its a big sellers tactic to keep low as they are planning a takeover and want a lower price....or pure accumulation just to build a bigger greedier stake.

You never know till you enter and get caught out like this as this is the first time I have bought and held CNN.

Its good to know anyway. I just figure now it will move when its ready as there are obviously different forces at play than normal trading of good news and something goes up.....or good news and its its sold into.

We're use to most stuff but this kind of holding a companys head under water while its making good corporate moves, signing cashflow big name customers....all bit much for my head.

I'll come back to the thread when she starts moving.