CVT 0.00% 1.5¢ covata limited

@Acca Looking at the sell side., my gut says cappers are playing...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,339 Posts.
    lightbulb Created with Sketch. 1297
    @Acca
    Looking at the sell side., my gut says cappers are playing games.
    This happens when they smell a good thing

    Column 1 Column 2 Column 3
    1 19.5 8   308,059
    2 20 4   448,953
    3 20.5 1   52,500
    4 21 6   473,986
    5 21.5 3   63,000
    6 22 9   1,045,042
    @20c, 4 x 112000 = 448,000

    @22c, 9 x 116000 =1,045,000


    All they need to put some of their shares on sell side.
    (They don't mind losing some at 19.5c)
    This scare some holders into thinking there are big sell-supply. A few shhs got conned into selling .
    (They are also on the buy side, waiting to accumulate)
    Occasionally they will sell a few shares to themselves

    Saw this 'capping' pattern in a fintech Rto stock, on closing 4pm auction, on most days for 3 months, April-June 16.
    (Trolls may show up on the thread at the same period)
    Some of us joined them and accumulate bits and pieces for 3 months, before its suspension.
    Its ready for relist, soon.

    Covata will be a ripper before christmas16.

    Aimo.

    -----------
    As for mal'
    He is a social poster, and does not own shares in 19 out of 20 stocks he comment, mon-fri.
    (i think he enjoys and needs lots of attentions)
    I put him on 'ignore' 2 years ago.
    Last edited by Glyco: 05/08/16
 
watchlist Created with Sketch. Add CVT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.