NOR 2.44% 4.0¢ norwood systems limited

Ann: Norwood Wins Enhanced Software Development Contract, page-187

  1. 3,188 Posts.
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    I know old "expert" growlsy (50ppw) will reply to everything.. but I never read them.
    So, as you've already been 1st in with the top shelf pump/dump post.
    What I'm wondering is.. when you lot call pump/dump, with a significant amount bought/traded at 2.4 and 2.5 again this time, if the price drifts back to 2c, I can't see how the pros would make $ out of it?

    I believe it's mostly them moving shares from 1 holding to another.. maybe they get a few pip traders on the way up, that end out selling them in low volume with a loss within t+2.

    Otherwise, if there are genuine buys at 2.4+ (not big players moving shares around), seems impossible they could profit if it was a pump/dump, with big buys at the high.

    Last edited by Holla: 09/07/21
 
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