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1,969 Posts.
219
06/06/18
20:11
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Today was just phase 2 of a clever accumulation strategy being implemented.
Phase 1: Create a toppy situation in a very illiquid stock. That was achieved very easily.
Phase 2: Generate a bit of liquidity. Start selling, create a bit of apprehension and SP decline thus generating a catalyst for useable liquidity.
Phase 3: Go for it. Use liquidity to accumulate in an SP range that was unachievable pre Phase1.
Probably just today's fairy story. But for me this is one of the safest no bull sheet speccy stocks available on the ASX.
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