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3.6¢ northern cobalt limited

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lakota6

5,869 Posts.

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27/06/18

09:50

Post #: 33972858
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Originally posted by AllFuelledUp ↑

My confusion is based on it listing, spiking hard to nearly 70c on something, then slowly dying. I know it listed during the hot phase of Cobalt, but that isn't entirely over. It demonstrates classic pump and dump symptoms to me. If there is a resource under the crocodiles, mozzies and swamp then why has it fallen so much? If there isn't, then this is what the share price would look like. On a TA basis it can't find support. In the absence of positive announcements there is no reason this will go back up. But there must have been something there for it to list and then for it rise so quickly like it did. I just can't find what that is. Unless it was just a pure time into Cobalt pump and dump hopeful from the start?

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N27 Price at posting: 16.5¢ Sentiment: Hold Disclosure: Held
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