hopefully VR, as CTM has always been a bit of a leaky ship but...

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08/04/21

15:20

Post #: 52334168
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Originally posted by Von Rico: ↑

Ever since the release of the SS the "smart money" has been firmly on the sell. Today there seems to have been a shift and the "smart money" is now on the bid for the first time since SS. (as measured between $0.695 - $0.77). This is what makes me think we are at the bottom.

(Total volume on bid divide by number of buyers v total volume on sell divide by number of sells. Higher individual orders are deemed to be the smarter money.)

Understanding Smart Money
Smart money is cash invested or wagered by those considered experienced, well informed, "in-the-know," or all three. There is little empirical evidence to support the notion that smart-money investments perform better than non-smart-money investments; however, such influxes of cash influence many speculation methods.The term, "smart money" comes from gamblers that had a deep knowledge of the sport they were betting on or insider knowledge that the public was unable to tap into. The investing world is similar. The populace perceives that the smart money is invested by those with a fuller understanding of the market or with information that a regular investor cannot access. As such, the smart money is considered to have a much better chance of success when the trading patterns of institutional investors diverge from retail investors.

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hopefully VR, as CTM has always been a bit of a leaky ship but I'm afraid that I can't see it

i think that this mob is in way over their heads and if they don't step away anytime soon, we may be in for more pain until major holders step in and say enough is enough

fingers crossed the major holders are onto the problem and can get a more competent team in place without too much damage

CTM Price at posting: 71.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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