CAP 6.00% 9.4¢ carpentaria resources ltd

so, where to today???, page-26

  1. 23,992 Posts.
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    I'm very happy with the good consolidation too.

    My theory, is that looking at the depth, any accumulators are struggling to get a decent amount of stock - the sellers just aren't there, so no use a big buyer jumping the price up to get the stock when he/they can sit and just keep nibbling hte stuff being trickled out round here.

    There's VERY little available up to 50c in the grand scheme of things.
    If Yue were still buying, he could put in an order for a million to 50c and whoosh it up 20% in a heartbeat - but why bother if sellers will keep coming down to meet the buyers?

    So - patience IS a virtue and yes, I nibbled a few more CAPO this morning!
    Waiting, waiting!
 
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