UCL 0.00% 30.0¢ ucl resources limited

jabmail.... market ready, page-11

  1. 1,781 Posts.
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    re: jabmail.... market ready alpha Alpha,

    I've got the impression that about the only person trading (buying) shares is the CEO, Murdoch, which helps to destroy the cherished belief of amateur traders that a stock is about to go places when directors start to buy their own stock.

    It seems to me that most of these fellows are not immune to their own hype. ie.they get carried away with their own (AGM style) rhetoric.


    Some traders no doubt have noticed the transient rise in many stock prices immediately following a "convincing"
    AGM speech by the CEO and have profited from it.


    The gold stock was floated at 20 or 25 cents. I don't think it will be long before it overtakes the parent share price on the way down.
 
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