ZGL 0.00% 6.0¢ zicom group limited

value, page-37

  1. asf
    9,887 Posts.
    catlady, good question. This may have been the old "pump before bad news so the share price won't deteriorate and make rich people poor when the bad news comes" (hence the ASX speeding ticket- why did the share rise when there was to be a profit downgrade? Any funny business here?) I reckon this kind of pump is currently happening with UXC, who have said that the second half of the year will be ok, meaning the first half is not likely to be. So, most people probably know that re EXC, but there seems to be a pump on, and those in the know will be selling into it,and newbies will come on board and be shocked when the results are out. UXC has been a serial underperformer- why is the price rise happening now? I've also seen it with MYR- perhaps most companies go up just before they get savaged?

    Hope Zicom doesn't fall too much further, but these pumps really do irk me. :<
 
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