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49.0¢ family zone cyber safety limited

Ann: Family Zone raises $5m in an oversubscribed Share Placement, page-29

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14/12/17

12:23

Post #: 29627306
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Originally posted by Teddyward ↑

The question remain if there is a fundamental reason for teh sell down that insiders know or if it is just a technical sell down?

So stock issued and some punted and took up all they could and were intending to sell in a quick turn around. Hasn't happened so still selling anyway as don't want to hold into new year? Many will have older holding at lower costs so on average they are still well ahead and probably overextended themselves. Not sure it is a real scenarios most mum and dad investors hold regardless in a downturn or maybe they are getting smarter and running trailing stop loss orders? Constant triggering of stop losses and then the technical traders jump on and it is going to overshoot? Going to be very interesting to see where this stops and if there is a underlying reason for fall. Was expecting a asx price querie by now?

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Just xmas sellers, lots on profit take the cash before xmas l have sold none and will be adding shitloads if my bio delivers. Management are great here l will back them in.

FZO Price at posting: 56.5¢ Sentiment: Buy Disclosure: Held
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