A little while ago a buyer with 110,000 shares, I noticed he/she couldn't make their mind a what price to buy in. First at 40c then 40.5c then 35c then 40c and then gone. Now we see another buyer possibly the same one for 100,000 shares. You would think if you were to buy that many shares you have an idea at what price.
I like the stock.
But can't help thinking there's something fishy about it.
I mean all this trading going on over the last few days smells fishy to me.
I wonder if their fishing for something ?
(lol, sorry about pun guys, couldn't help myself..lol)
Seriously, I think the stock will retrace possibly between 35c to 39c is my guess right now, will also depend if the Dow Jones continues to fall tonight. Investor confidence isn't looking to good at the moment in the U.S. I'll be placing a bid soon.
Once the confidence is established again then this stock will fly back up again..
Cheers,
Ace.
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