Luckyone,
You also have the guys holding on from Tuesday's meteoric rise. Many will be greedy and/or in denial and continue to hold and try maximising their profits. Don't forget that on Tuesday it rose from 3.3 cents to intraday high of 7.2 cents and closed at 6.9 cents. Then you have yesterday's huge rise to intraday high of 10 cents.
I think still a couple of days of downward or very little share price appreciation.
Maybe with a bit of luck Pacific Road might enter again and buy more on market.
Let's see.
CNX Price at posting:
5.6¢ Sentiment: None Disclosure: Not Held
