COK cockatoo coal limited

A bit of profit taking yesterday caused a bit of a sell down....

  1. 325 Posts.
    A bit of profit taking yesterday caused a bit of a sell down. However, as suggested there was a lot of buyers to take up the shares when they got down around the 6 cent mark. This to me suggest that there is a lot more to come from this stock with the big buyers only picking up if the opportunity arises. After 5 days of gains with a total of about 90% a 4.5% down day is nothing. Just a pause. I still don't think the share should have dropped below 10 cents so 10-12 cents is my mid term target.
 
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Currently unlisted public company.

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