What part of if the SP is 2c, they get their shares at 1.5 c don't you understand. That is how they maximise profits. Anything less than 1.5c they have to work hard to manipulate the SP for 4 days low trading plus 10% discount then hope to hell they get a good announcement to maybe make 20% profit, when if the SP is above 1.5c they can do didley squat and clean up. If SP is 3c they still get there shares at 1.5c. Anyway if revenue comes in we'll see where the SP ends up and lets see if CN holder manipulates it back below 1.5c to get less money and have more effort.
Needs news/revenue news to ensure price stays above 1.5c (TA analysis so quarterly will be interesting here) because lots of profits made last few days and traders like you decide time to get out and make a mozza of myself on another thread playing the pips/trading game.
IMO
- Forums
- ASX - By Stock
- TV2
- Loving the momentum
Loving the momentum, page-65
-
- There are more pages in this discussion • 278 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)