CAT 3.95% $3.68 catapult group international ltd

I think we are seeing what is not there, and what’s actually...

  1. 274 Posts.
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    I think we are seeing what is not there, and what’s actually there we are not seeing. No apparent reason for a drop from $1.20 to 73c, if Q1 was not good, why it appreciated 25% in a day. Furthermore a guidance was reconfirmed and contracts were won after guidance confirmation. I sense no bad news, it is just a tactic to buy your shares cheap, look for a quick reversal before the Q2 report or even a TO or merger. 


    Apparently looking at a order book, buying $100k worth of shares can quickly bounce a price to 90c plus. So, $100k can change a mar cap in multi millions. I will be worried if there is a large volume sell with a negative news, not a case here.  



    Last edited by shakashaka: 30/12/18
 
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$3.68
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$3.68 4101 2
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