Everything youve written makes sense so far. And insofar as our resident ramper is concerned also spot on. Just take a look over on fgf where hes been drumming up support over there. It doesnt take much for someone with a lot of spare funds to accumulate a position. Then comes the cross selling. Then the dump.
When you compare the sudden rise in sp in Euc earlier this year from low 1c into the 4-5c Mark, in one day, with similar volume and sp rise to FGF today, the pattern looks eerily familiar.
The only fundamentals of any consequence that are at play in both cases is the well proven predictability of human behaviour.
EUC Price at posting:
13.5¢ Sentiment: None Disclosure: Held
