Look at the profit taking going onward from all the 16c-16.5c buys recently who are only to happy to take 10% or more in less than a week
I think also some speculation of news release given this is the middle of the week as well..
I see speculators only having a material affect during periods of lower volume - as can be shown on many occasions in this year when the news is right this can take off well past anyone trying to catch it.
I always thought it had to do with volumes - we never get a massive sell down like we do a buy - up.. the buying lasts a short time with big volume but then without anything else it slowly sells down again over weeks....
If the news is right qqqq - anything is possible...
- Forums
- ASX - By Stock
- KZA
- Australian Story - Gunnings & Stehn
Australian Story - Gunnings & Stehn, page-68
-
- There are more pages in this discussion • 84 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KZA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online