I have been watching CFE SP movement for some time. There are 6 times more buyers than the sellers side, looking at the depth, the buyers are serious !! However, the SP has been moving opwards at a very slow pace. All buyers seems to be very patience. If this depth applies to other stocks, it will push up the SP withn hours...I guess the reason is most buyers are likely to be instiotional buyers for long term, not the normal day traders..who buy and dump the shares to make quite profit.
Can someone who knows more about the company give me a better explanation ? I am a traders myself and I am not interested at this stock..I bought some few weeks ago for long term as I know if I dump it, I will have to pay more the next day to buy back...The SP seems to be moving 1 way, that is "Up...Up..
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I have been watching CFE SP movement for some time. There are 6...
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