CXY cougar energy limited

Guys, I watch the CXY share price in quite a bit of detail. It...

  1. 1,857 Posts.
    Guys, I watch the CXY share price in quite a bit of detail. It is fairly obvious (like the nose on your face)that the price is being maintained at the moment. It suits who ever is doing it, to take it upp a bit, drop it back a bit, accumulate into smaller holdings and stay off the register in the top 20.

    Everyone, including who ever it is, is waiting till there is something positive to take it higher, or at least the need to raise capital.

    Doesn't undermine the long termers, nor those who believe. Just stops the short termers from profiting too much.

    If you don't believe me, look out for several days of low volumes, and inaction, followed by one day when the intra day high is struck with larger volumes, and then the price declines back to pretty much where it began.

    Worried, nah, not a bit. CXY's doing the right things behind the scenes.
 
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Currently unlisted public company.

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