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Some are buying but the 8 month downward trend is still strongly...

  1. RussianRoolet
    3,673 Posts.
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    09/11/11
    11:20
    Post #: 9260372
    Some are buying but the 8 month downward trend is still strongly in shape so many more are selling.

    Check out the graphs of the companies that wound up on www.delisted.com.au and the final dead fish flaps that occurred - ASX:CMR is an interesting one - the director bought a heap of shares at 80 cents before it went down to 10 cents and delisted only a few months later.

    The scenario I provided can happen and some of it already has happened.
    RRS Price at posting: 14.5¢ Sentiment: ST Sell Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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