CKA
Anyone watching this will see there is definitely someone buying this
Anything at 18.5c automatically getting taken out
Picked up another 400k of them today
The accumulator isn't going to make it breakout just yet till he gets his fill - when he does welcome the short squeeze
Very safe entry at 18.5/19c given it was 22c a few weeks back followed by a 28c takeover bid and 340% JORC increase
Algos and shorters worked the retail punters but NY hedge fund involved now
Has turned around on a dime and still a huge amount of short shares to cover
Very similar play to ABZ a few weeks back
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- daytrading nov 20 afternoon
daytrading nov 20 afternoon, page-55
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