TRH 0.00% 83.0¢ transit holdings limited

short term target $2.18,shorter term target $1, page-17

  1. 2,285 Posts.
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    Tradey, it has been so obvious eh? Every day at the close, some broking house (I presume) is selling this down.

    Someone really badly wants to keep this under a 50 cent ceiling for as long as they can, and they are currently having some luck in doing so because of the low liquidity (45 million shares on offer).

    I am just presuming they are picking up shares in the morning and selling at the close, and making a few dollars, but if they had any brains they would just buy a $100K worth and sit on it for 3 months and double their money.

    Gw

 
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