SEA 0.00% 16.5¢ sundance energy australia limited

post spp churn, page-7

  1. 1,260 Posts.
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    In my humble opinion, the 'sofisticayed', 'professional', and 'institutional' bunch tends to buy and hold, not likely to sell out fast, knowing news will flow in pretty soon.

    I'd think the share price will bounce around 14 cents and 15.5 cents, so the big guys could build a strong support level.

    E.G.: Buy and dump the second day, making holders feel uncomfortable, hence sell out their holdings. Then the big guy can accumlate a lot more at lower range price.

    If they accumlate enough, it will go up pretty fast on any good news imho.

    Also, I never seen a caprise in favour of traders/small holders, it just fade away and profit takers will destroy the SP.

    However, the above is my sentiment, DYOR. personally, I am in favour of the caprise. Good luck to holders!
 
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