I unfortunately feel this is going to go the opposite way. Those big sells are there trying to push more people into selling and as the price banks up lower they'll drop those sells down .1c at a time hence the .1c gap to make sure they're not hit. Couple this with Friday afternoon sell off fever and you've got yourself dump city.
Even though a JV is on the horizon (maybe) there is no indication of any news just yet so all is just speculative. Sure it may rise again but I think you'd be kidding yourself to think that'll happen today with no news.
Just my thoughts and experience from many years trading. This is a classic P&D stock as it is still a penny even if it has a bright future.
- Forums
- ASX - By Stock
- CKK
- CKK Friday 29 May
CKK Friday 29 May, page-15
-
- There are more pages in this discussion • 159 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 CKK (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online