CFO 0.00% 0.2¢ cfoam limited

CFOAM Composite, page-154

  1. 14,880 Posts.
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    "A3D was/is unique. The register is probably the strongest and tightest you will ever see in an IPO."

    Tight register is dominated by sticky holders ie. not prepared to dump for a quick profit. Long term outlook. Backed up by investors willing to keep buying on market.

    CFO appears to have too many loose holders prepared to sell as soon as the stock rises a bit.
    Once these weak hands are cleaned up, the stock should have a solid upwards movement IMO.
    Last edited by melua: 30/11/16
 
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