COB
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3.85% 7.5¢ cobalt blue holdings limited

I'd rather see a gradual increase in SP than a spike. If you're...

  1. shikobebaby
    154 Posts.
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    02/02/17
    16:47
    Post #: 22327247
    I'd rather see a gradual increase in SP than a spike. If you're sitting on 50% profit after one day, what do you think they'll do? SELL! With a gradual increase and significant churn rate, the average SP of holders increases gradually, which means their average profit won't be too ginormous as to trigger a massive sell-off and crashing the SP.

    Play it safe.
    COB Price at posting: 22.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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