this has been a well constructed pump and dump by pastel who has (in textbook fashion) pumped the price of this stock from 11 to 36 cents in a month. congrats to him as he managed to find a small, illiquid stock with upcoming announcements.
bravo.
i assume he has taken his profits in the 30 cents and above zone.
not to say that this is a bad stock as it can be seen that brumby resources has the potential to be big in the coming years, however in the short-term it is to be dumped. my price target is 18 cents or below.
congrats pastel as i have enjoyed your ride.
ccu or cobar consolidated resources might take your fancy pastel.
beware people, thats all.
a little light reading
http://www.incrediblecharts.com/start_trading/pump_and_dump.htm
this has been a well constructed pump and dump by pastel who has...
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