Shimmer (or others) If it is a big player accumulating today don't you think they are doing so on a slow basis?
Lets face it everyone knows how tightly held this stock is and anyone wanting a good chunk will have to pay huge money for it, as all current holders know the brilliant story coming for CCU and wont let go of it easily.
I believe if it's an insto trying to get in we could be in for a few days like today. It seems strange that home traders alone would push up CCU 12% on a neutral day for silver. Yet the volume of only 1.7m shares does seem low for any big player trying to get in.. It raises a few questions anyway.
Have there been any presentations or buy recommendations from brokers over the last couple of days that anyone is aware of?
Ramsey
CCU Price at posting:
82.2¢ Sentiment: Buy Disclosure: Held