AZS azure minerals limited

spot the pattern, page-6

  1. al1
    2,034 Posts.
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    WOULD TEND T AGREE SOME MONEY HAS MOVED OVER TO THE BULL RUN AT SIR....FOR NOW....THE SAME HAPPENED on Wed when Lyc announced First production..

    ..some azs holders stated they had moved over to Lyc....maybe a bit premature ...given the heavy shorting still in play....but longer term...the shorters will clear their short positions.....
    stacking the sell side in azs is pretty obvious....with a runner like Sir on the board.....it temps ppl to do the shift in the short term.....and this would be the game play....to tempt traders to sell other stocks and move over to a runner like sir.....but now it has topped out...and the announcement did not contain any assays.....admission to the top 300 helped it......

    when ppl have taken some profits and Sir does its normal pullbacks....traders will be looking for cheap re-entry points into other stocks..........]

    in the meantime...stacking the sell side will be easy and low risk....as most of the money is locked up in stocks like Sir...trying to extract some profits from them whilst they are having a run in the sun........

    the lows present an opportune time to consider buying
 
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