IDL 0.00% $1.27 industrea limited

Supertim its been hovering due to placements. when that happens...

  1. 10,392 Posts.
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    Supertim its been hovering due to placements. when that happens folks sell on the expectation of getting their shares back again at or near the placement price. This is then followed by another sell of by those who received their placements at bargain prices. I refer to this as the placement washout process. Once that's done then if a good stock then she plays catch up again unencumbered by the opportunists (like me), cashed up and ready expand. nothing really to do with Huddy's family imo.

    generally once the SP starts to appreciate then most sellers are out. I would say we area pretty darn close now to having most sellers out of the way dont u think ??

 
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