CER 0.00% 32.0¢ centro retail group

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  1. 3,298 Posts.
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    Just repurchased in CER an undisclosed amount of stock on the basis the selling looks to be very controlled. At 5.2 a single 2 million sell order & 5.4 an order for 3 million. So the stock is made look heavy while accumulation has or is taking place. Suspect they will disappear as buyers approach these sell orders.
    CER is an easily manipulated stock so all potential buyers need to be watching for another pump & dump situation which occurs frequently in this stock.
    Long term holders ignore this short term behaviour so be very careful in dealing in CER.
    Regards
    Buffett
    PS My holding is purchased for primarily short term play.
 
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Currently unlisted public company.

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