CAI 7.14% 13.0¢ calidus resources limited

The selling by institutions has been anything but astute leaving...

  1. 6,853 Posts.
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    The selling by institutions has been anything but astute leaving large sell orders visible and dumping into any volume . Much easier when selling with funds without any emotional attachment , taking with them stop losses , etc .
    Interesting to note earlier in the year institutions sold this down to 2.1 cents and a month later it traded at 3.4 cents . A few months ago institutions again sold this down to 2.4 cents with large dumps and just a few days later the stock price was trading at 2.9 cents , 3 months ago the stock price was trading around 4 cents . It just goes to show they do make many errors in regards to judgement and timing . Institutions are doing all the damage here regarding the stock price and it should recover when the selling comes to a halt as it has in the past .
    Last edited by MajorJohnny: 14/11/19
 
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