OCC 0.00% 42.5¢ orthocell limited

The closing auction will be interesting…it could go either way....

  1. 3,839 Posts.
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    The closing auction will be interesting…it could go either way.

    if we have a fund or big buyer trying to accumulate a big stake, he may try to squash the share price to kill the breakout momentum, or he might grab whatever stock he can get at current prices.

    it must be really hard accumulating a big stake in an illiquid stock, especially if the attractive chart and rising share price together attract lots of other new buyers.

    there again, maybe cynical long-term holders are saying,”I will sell into this strength as I know how this good-news story is going to end!”

    i hope it holds 47c.



    Last edited by hotcongo: 14/11/22
 
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