CIM 0.00% $22.00 cimic group limited

Ann: Daily share buy-back notice - Appendix 3E, page-5

  1. 324 Posts.
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    I won't be surprised if the price closes in the black today. if a stock pushes down too far too fast it comes back with the same speed if it has the support which this stock has based on recent buyback amount.

    plus, the day traders who try to short the stock by pushing the price down earlier in the day will have to close their position on or before the closing bell.

    if it doesn't close in the black, I'm happy as long as it closes above the open price. that's a bullish sign by itself

    just wait and see
    Last edited by FinallyUp: 28/10/20
 
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