tough time for ceu in coming days, page-6

  1. 2,475 Posts.
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    binone,

    i hear you!!!

    i also sold down some stocks in the past few weeks and picked up more CEU firstly at $1.29 and again at $1.24.

    i have been a holder since the IPO and im so shocked by the share price i dont know what is going on.

    when it ran back to $1.40 i thought we had seen the worst but the last week has really made me open my eyes to the level of manipulation occuring in our market.

    15m traded on friday is almost 3x the normal turnover. thats not margins getting triggered thats either some big holders selling out or massive shorting going on. check of the performance of TCL, it was also getting hammered and had a big jump on Friday.

    i spoke to some from CEU last week and asked about the share price and why CEU hadnt come out to confirm its comfort with the traffic numbers or effects they expected on traffic numbers due to the oil price.

    they said that they had already got another consultant to check and update the numbers since Hyder did the original numbers in 2004 and they said the new consultants confirmed the numbers that Hyder had supplied. they also said they had put out an announcement about the expected effects oil prices would have on traffic numbers.

    when i asked why they didnt put out some new announcements to call the market they said they would let the openning in 3 weeks do all the talking. they even said they might surprise the market.

    i fricking hope the smash the forecasts and this is over $2 in a hurry.

    i suggest that all holders give CEU a call as well and ask the same questions as this might pressure CEU management to put out another announcement before the road opens to give the market some confidence.
 
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