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28.5¢ dacian gold limited

" So,let's say 5% of that 29% is willing to TAKE HUGE LOSS,then...

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Greenflint

1,805 Posts.

692

04/05/20

09:51

Post #: 44414555
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Originally posted by Foomonk: ↑

Good morning guys,
Generally speaking,a "breakout" happens when there is at least 1 (new) big buyer jumps in. But the problem with DCN that there are already too many major share holders! That's why it's very hard to see price pops,unless some of them want to increase their holdings!!! We can't do much,because the majority of the 29% holdings won't sale AT THIS PRICE. So,let's say 5% of that 29% is willing to TAKE HUGE LOSS,then the chance prices go up is still zero. And because the majority of NEW retail buyers are not that as Greedy as we wish,prices goes side way is not suprised to me. So,bottom line is,when (not if) there is a breakout in price chart happens,I wanna see IT comes from the major share holders group,instead of retail buyers. Because of if it comes from Retails,it will die fast! Very fast. As fast as within 1 session! So,guys...Don't be too happy yet because of there is a breakout,unless it last at least few days.OK.

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" So,let's say 5% of that 29% is willing to TAKE HUGE LOSS,then the chance prices go up is still zero." Do you mean to say the chance prices go down....?

DCN Price at posting: 35.0¢ Sentiment: Buy Disclosure: Held
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