Short Term Trading Week Starting: 22 Oct, page-37

Just for funsies: 

STT indefinitely suspended Comp FA

SUD SUDA PHARMACEUTICALS

MC: $26 Mil

SP: 1c

Probably too late for the boat on this: I actually sold my biggest parcel yesterday at 1c - not bad for a quick 1 bag.

For some reason (looking at you Von), this stock has gained heaps of attention. Probably following off the back of BIT. Plus pharma stocks are a bit hot right now and SUD was definitely at bottom so traders have been looking to capitalise on potential movers. Also, no news to explain the rise, just hype... what's the old saying "buy the hype etc etc."

TA speaking - if it breaks and holds above 1c today, it could keep going and be solidly in an uptrend. Having said that, I'm super pessimistic about small caps right now so this could be a great setup to get retail in and then instos dump on their heads: massive volume over the last 3 days (definitely not retail on its own). So, yeah, not sure if this is a tip or a warning.. still, fun to watch. Plus this is my vote for the comp to keep on rolling