CTV 0.00% 0.8¢ colortv limited

@NiftywIt happens quite regularly with this stock. I can...

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    @Niftyw
    It happens quite regularly with this stock. I can certainly understand how everyone gets nervous.
    Big players push it down with a big swing, people get nervous and sell out. The big players buy in, push it up, and make a profit on pip trades, then down she goes again.

    What gives me confidence is the fact that there are more announcements coming and that Q2, Q3 are going to be good.
    The main thing is Ted and the other top 20s don't sell-out.
    It really depends on your stance on short term or long term. A 10-15% movement is pretty normal for a spec stock.

    It ended up in a high at 4.7 on Friday at the last minute but if you look at Friday's trade it was mostly around 4.5 so the movement isn't that big. This is just my take, but Easter volumes were low, and now that everyone is back from holidays we expect to see much more movement.


    Volume today:
    https://hotcopper.com.au/data/attachments/1524/1524187-12f52fe108dcd607d400b4fb584e251a.jpg

    last Friday
    https://hotcopper.com.au/data/attachments/1524/1524192-ac7adef24db112307913b5a5db94d527.jpg

 
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