I dont think you can read anything into price fluctuations like todays - we have traders in the stock now - big time! And may God bless their little cotton sox coz God only knows how far she'd have fallen without them.
Even at 60c you could still pick up CFD;s with just 10% down - - less than $2k gave you control of 25k shares - I know I was shorting more than that over just an hour or so for drinking money when it was at its worst and the volume was there to do it.
They step in to pick up a bargain and if they can make 4 or 5k for less than 2K outlay over a matter of days they will do it - and to be honest you cant blame them - Lots more days like this before she recovers I reckon but at least they arn't as inclined to sell at a loss as long termers lol
CMR Price at posting:
73.0¢ Sentiment: Buy Disclosure: Held
