Where to from here., page-63

It could be all sorts of things, including the pre-X-Mas rush to get into a good share in expectation of a good month in respect to s.p. But we all know CLQ is a good company with great prospects and some done deals.

However, the behaviour of the share price and the people buying and selling are a mystery, to me at least.
For a number of days now the numbers of sellers were inferior in numbers (actual sellers), but higher in the amount of shares they were selling than the buy side - so I think 'long-term holders taking profit' - and the buyers were the little blokes getting much smaller individual parcels and the total amount actually a lot less in the 'buy' column - yet the sp has been moving 'up'.

I don't have an overview like I used to with IRESS, I only get the 20 or so stacks from Commsec - so it could be there is a large SELL sitting somewhere permanently to try and keep the price down, shifting it daily according to the price range the share is taking.

Seeing buyers are still undaunted is probably a good sign.

Taurisk