CMM capricorn metals ltd

Oh DearI could be totally wrong here - and have been in the past...

  1. 1,802 Posts.
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    Oh Dear

    I could be totally wrong here - and have been in the past many times.....

    But seems today the above announcement may be the catalyst we were looking for. The tea leaves have floated up to the surface - (Disclosure - I've been drinking) - Strictly observational - not investment advice etc

    So today saw CMM finish out with its lowest daily volume since late July..... at which point this whole shorting tirade began.....

    https://hotcopper.com.au/data/attachments/2617/2617573-525a2fe9454d4d49b117f71a3ad8f77c.jpg
    Not long after the captain's call to arms dropped eek.png - the trading got thin......Reeaally thin......Lolsneaky.png

    At the close we confirmed a break from the trend.

    (I haven't kept a spreadsheet..., however, generally the bot/algo/shorters are careful to ensure that the daily volume vs # of trades sits just above that lovely > $500 min retail trade point.....

    But.... today if you take the close volume divided by the # of trades you get an average of................

    https://hotcopper.com.au/data/attachments/2617/2617741-b874ebd9dc6d9f387d0d2c78e9ec79c3.jpg

    515 trades @ $133,791 equaling an average daily trade of $259.79.......frown.png

    Seems a little manipulated to say the least what.png mad.png

    Now - I'm no "ban short selling advocate/petitioner" because they wear risk like us - but I really get the sh!ts when trades like the above fly through day after day with no brokerage $. That's sh!t.mad.png

    Wishing ASIC / Gov would policy in min buy $500 across the board - hit me with a light bulb if ya agree.....wink.png

    Lets F&%k em!!!

    I'm retail. Mum and dad style. Sitting just above my average buy in. Still will hold (as stated previously) till $1.30

    Meanwhile the cryptosphere got giddy today as Bitcoin touched US$14k recently and has begun... (currently confirming) it's gold esque retrace (cyclical flipperoonies).............(Is this where the shorting proceeds have been going?.....) I have been exploring the sep/oct uptrend in crypto and the inverse downtrend in quality gold equities such as ours....

    Yesterdays shorts tallys - thanks again @yatchy @gpHiggsBoson @speculator101 @Black Cat @jord16 @Agent 86 @London Shark @JJS-2207 @Legman@SU27 and anyone I've missed.
    CMM     CAPRICORN METALS LTD              FPO                  295,851         343,974,807         .08

    EVN     EVOLUTION MINING LIMITED          FPO                3,118,214       1,708,613,240         .18

    Yep, something amiss at EVN - (I don't hold - do hold MGV).... You should have seen their close (EVN) today.


    This is gonna be hilarious.........

    In closing this post I'm gonna follow MC. The captain has bought. Follow the smart $ etc.

    POG just went over US$1900

    Have a good night y'all

    SWEL
 
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(20min delay)
Last
$9.03
Change
-0.030(0.33%)
Mkt cap ! $3.899B
Open High Low Value Volume
$9.05 $9.15 $8.93 $3.516M 390.2K

Buyers (Bids)

No. Vol. Price($)
11 1732 $9.03
 

Sellers (Offers)

Price($) Vol. No.
$9.04 3702 42
View Market Depth
Last trade - 13.34pm 29/07/2025 (20 minute delay) ?
CMM (ASX) Chart
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