CDU 0.00% 23.5¢ cudeco limited

is uw selling?, page-56

  1. 24,386 Posts.
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    Yesterday I had a buy order for close to 20k shares at $1.68 and it wasn't taken up even after close when matching took place.

    This morning at approx. 9.50 AM, I pulled that order and went away for the day.

    Now, looking at what happened to the sp today, I am glad that I pulled that order before I left.

    Maybe I will wait for a while now. Someone is not happy with what is going on IMO, and the selling is constant.

    Yesterday there were only about 63,697 shares shorted for the day with a reasonable size amount of shares transacted for the whole day. I personally don't think that, that amount of shorting, would have been sufficient to make the sp drop to such a level.

    I am wondering as to whom it is that is selling or reducing their holdings.

    Time will tell.
 
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