I am suspecting Sophs didnt get enough (going by CPS track...

First 266 Last

Share
Profile

Follow
kp1010

226 Posts.

51

18/09/21

17:44

Post #: 56175983
Share

Originally posted by Beno77 ↑

I think a lot of 410M odd volume Friday will be people with a longer view the potential here is massive not many 20+ baggers out there. Largest buys @3.7 c to 4.3c then @ 4c to 4.5 ($160K at 4c) on Friday popped the resistance levels up I suspect the whale (s) who was wiping after lunch will want this higher . Could take us over 5c Monday but will have to break 4.4c near open to maintain steam and FOMO in my opinion A well timed Announcement which very often happen as shares are released and I think soph shares will be soaked forming a consolidation level around here slight pull back Thursday . I don’t see this going back under $30m MC the leverage on the options is too big beneath this level.

Expand

I am suspecting Sophs didnt get enough (going by CPS track records ) , majority bids may have been scaled back due to over subscriptions. You can see their frustration in Friday run , Sophs probably have bought more shares on the market than they have subscribed (taking their average up)

So I don't see any major pull back and not expecting SP to go mid 3's.

Eddie king is on QPM and Ya hua is on CXO , rest my case here.

Too many smoke signals and one should be looking forward to several announcements in the near future.

I believe EFE will be multibagger in no time.

EFE Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
29 Upvote

4 Great analysis

Reply