RNE 0.00% 0.2¢ renu energy limited

Seen very similar thing with CFU and EPG. Unfotunately, unless...

  1. av
    2,595 Posts.
    Seen very similar thing with CFU and EPG. Unfotunately, unless there is some great announcement, these trading patterns normally result in illiquid stocks falling in price.

    From what I can tell, the small trades are like bait. Trying to judge offscreen demand. They dangle them out...if no one buys, the existing cap is lowered and a new low sell order is put in place. The process is repeated many times over weeks and , unless some great annoucnement intervnes, usually results in price falls. It can be very frustrating to watch. Actually avoided a loss recently on CFU from applying this idea. Starting to see it as a good reason to watch a stock and try and pick a low for very illiquid stocks...anyway, its all supposition...but something I will be following.
 
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