WME west australian metals ltd

classic price capping

  1. 5,331 Posts.

    very interesting trading going on at the moment obviously someone wants to keep buying under 20c and will continue to cap the price until they have had their fill and then will let the market run its course. There is nothing much we as shareholders can do other than ride it out and let the market decide the true value of the company once the person or people have stopped capping the price.
    Infact the capping can benefit the stock as not to create a price bubble such as some of the other uranium explorers.
    Remember one day the person will be bought out and then will have to scramble to try and get back in.
 
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