CDU 0.00% 23.5¢ cudeco limited

sell recommendation from fosters, page-81

  1. 9,544 Posts.
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    That's a bit rough Georgie. It is tempting to get in a for a bounce trade and I believe that's what Fluffy's pursuing.

    Here and there I have seen a few boasters claiming how they have daytraded CDU and made a profit. I bet there are countless more who have been burnt in the past '3' days trying to pick a trade.

    Gosh it reached 2.39 today and crashed back to 2.13 at close. There were 200k plus orders sitting at 2.14 which was bombed in the last 10 minutes of trading. One helluva rollercoaster ride. Dunno where these sellers were the whole day when share price was above 2.20.

    Volume is still too high, need volume to return to more 'normal' before we can say sellers have been all flushed out.

    Is there any bad more news due to come e.g. class action against the man? Legal investigation by ASIC?

    (Holding and hurting.)
 
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