CER 0.00% 32.0¢ centro retail group

accumulation, page-10

  1. 3,298 Posts.
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    MrGriffin,
    This information is available daily, but unfortunately I don't place a high time value on this information & only check it occasionally.
    Given the pattern in sales it is fairly easily to see the Comsecs/Etrade/Westpac online holders are handing over their stock to bigger buyers, so eventually the stock will dry up.
    At these levels & given the turnover levels there are still plenty of traders playing this stock, but they are not as significant as in the previous run, when it touched 13 cents & became obvious to sell the stock & re enter at a low price i.e. with greater purchasing power.
    At some stage in the near term CER will most likely break through that 13 cent barrier & again run too hard.
    The closer you follow CER the easier it becomes to understand the patterns in this stock.
    Regards
    Buffett
    PS No investment advice given in this post, please do your own research
 
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Currently unlisted public company.

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