gjcl I am not looking to buy anymore CDU at the moment, if I was...

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malgmac

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25/08/14

18:08

Post #: 13869076
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Originally posted by BRETTO50 ↑

gjcl

The way I look at is the down ramping boys are really in love with CDU.
They are either downramping because they are being told to or they are trying to figure out how to get their hands on them for themselves.(at the cheapest price of course).
Now hoots reckons Mr market has rated CDU at this price.
If that is so and WM comes up with very good info then a rerating upwards is on the cards.
So if there are a few million shares in the hands of traders why would those on here that follow CDU so closely every day think that the other traders will sell to them and let them make the profit.
Also why would your everyday shareholder sell to them so they can make a profit instead of someone that has held for a long time.
So the traders will get shares for $5 from buddy and malmac.
It will be at that level before they can buy any number of shares.
Then with more good info they wont get in even then.
I think they rely on sellers not being there to watch every second like they do.
Its only a few brokers shares still churning that are there.
Wont be any soon.

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gjcl

I am not looking to buy anymore CDU at the moment, if I was being told to do anything by the "boss" it would be to upramp.
So the share price is 1.72 and you say if I wanted to I could not buy shares under $5
There are plenty of shares to buy if one was so inclined, volume for sale would pick up as price moved. I think you could easily get a million by the end of the week without breaking $2

Share price is not going to go from $1.72 to $5 overnight no matter what the announcement - OK maybe if they discovered Lasseters lost reef was found at Rocklands

Having said that there could be some movement based on this afternoons trading
gj, I would be very happy to see $5 . I am not looking to drive down price, why would I not have bought at $1.37 if that was the case

CDU Price at posting: $1.72 Sentiment: None Disclosure: Held
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gjcl I am not looking to buy anymore CDU at the moment, if I was...

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