1) the buyers aren't gone, just saw someone before take out 300k at 4.8c 2)the questions you should be asking are: a. Why aren't all the large orders that were purchased between 3c and 4c being sold at current prices? I would say its because they are waiting for higher prices. b. You should be asking where have all the people gone who have been talking down the stock when we were at 3.5c... Jakel, Mickey mouse, etc- they haven't been posting as the price has been going up but as soon as it stagnates they come back out in full swing...
People who bought at 3.5c made 42% at 5c so I know who the winners are! So maybe less Downramping and more buying aye ;)
I reckon 52 week highs will be tested in next few weeks (5.7c and 2.6c) so come back and eat your words then.
CGP Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
