MXR 15.0% 4.6¢ maximus resources limited

technical buy, gold news any day..., page-34

  1. 30,128 Posts.
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    well spotted sirdean

    no announcments, no gold, and up 30% on opening.

    as you suggest ... "maybe someone was trying to create a frenzy or trigger some buy signals. "

    something similar may have happened with gda, a week, or so again. the stock opened higher on largish volume, and the stock raced to 1.9c (double the previous closing price). maybe people think - "heh - something is happening ...buy first, ask questions later and turnover was 100m shares -those who bought were let holding the parcel, when the music stopped.

    this is the dodgy end of the market
 
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