I've been watching CBZ for a long time & have wondered if it could even be affiliates of Nova Nordisk trying to keep the price down because if results are exceptionally good they could use share price as part of their bargaining?
Otherwise, it's probably just the ones who got in at 44c ran it up & got out at 76c, worked it down again to 60c range then yesterday a lot were offloaded at 71c & now want to pick them up in low 60c range again? I think the seller at 68c is a fake or maybe he bought at 71c yesterday & missed his stop loss exit at 68c - many traders don't know anything about a company or read announcements etc but just trade what they see is running.
As per my other post I'm buying more shares & not worrying too much about the price unless it drops severely!
CBZ Price at posting:
65.2¢ Sentiment: LT Buy Disclosure: Held
