In the spirit of Friday afternoon, all you say does line up...

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Acca

1,353 Posts.

179

05/08/16

14:32

Post #: 18454465

Originally posted by Glyco ↑

@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 xxx 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.

Expand

In the spirit of Friday afternoon, all you say does line up Glyco. Except regarding Mal. IMO he is a very astute judge of value, so when he turns up, I consider his presence a mark of confirmation.

Pity about the crap he dribbles out while he's accumulating tho!

CVT Price at posting: 19.0¢ Sentiment: Hold Disclosure: Held

2 Upvote

0 Great analysis

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Add CVT (ASX) to my watchlist

	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

In the spirit of Friday afternoon, all you say does line up...

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Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

Chris Judd's Talk Ya Book: Orthocell building on 'enormous potential' with steady growth - and US push to come

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ASX Market Open: Powell hope to power Santa rally through French gov't collapse, South Korean crisis | Dec 5, 2024

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