CXU 12.5% 2.1¢ cauldron energy limited

Looks sick but someone is just driving out the small holders in...

  1. 24 Posts.
    Looks sick but someone is just driving out the small holders in order to accumulate more at a cheap price. You just need to look at the reaction in the hotcopper forums to imagine how many other small-time traders out there would react to these 'shakedowns' and would sell on fear of losing more.

    My guess is someone/group held most of the buyside, pulled all their orders, put on large sell orders and small-time traders have panicked and that's what's driving the price down. I'd suspect a bounce sometime soon and especially on a positive announcement. But it all depends on the exposure of the stock and how many people know about it or understand what it's worth.
 
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