Australia's largest stock trading and investment forum Australia's #1 stock forum

KDY

Click for more information

0.00%

2.7¢ kaddy limited

Will get my Peter Allen cd out and enjoy a cold beer -i Still...

First 1942 Last

Share
Profile

Follow
Batangan06

64 Posts.

3

25/01/21

23:39

Post #: 50441167
Share

Originally posted by Aloosh22: ↑

Today is a perfect example of what will happen once the options expire - slow, steady increase in the morning due to more retail investors jumping in - went up to 0.049 and chomped half of that buy wall before what i assume is options being sold off to bring it back down to 0.046. They're letting it increase slowly to have a bigger buy wall to sell into, but whats amazing is even though everyone knows this is happening shares are still being purchased which is extremely bullish.

Fast forward a month or two, and all of a sudden a very large majority (if not all) of those shares are hopefully sold into the safe hands of retail investors that will let this stock sprout wings and fly.

I would expect the share price to keep increasing slowly, but this time the only sell down's would be predominantly day traders which would involve substantially less shares than are currently being sold off by the ex-directors.

The boat has been rocky for months, but this community has held on to the rails tightly and can now see a fantastic blue horizon with calm sea's and cold wine.

Enjoy your Australia Day ladies and gents

Expand

Will get my Peter Allen cd out and enjoy a cold beer -
i Still Call Australia HOME!!!
God Bless Oz & CHEERS

DW8 Price at posting: 4.6¢ Sentiment: Hold Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

PXX

Polarx discovers thick sulphide mineralisation at Alaskan Cu project

IBG

Ironbark eyes lithium and niobium opportunities with 7 new Brazilian projects

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

PGD

Peregrine extends high-grade gold shoot, sniffs anomalism at WA's Tin Can

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

There are more pages in this discussion • 14,462 more messages in this thread...

First 1942 Last

Add KDY (ASX) to my watchlist