EXS 0.00% 26.0¢ exco resources limited

today's move, page-16

  1. 1,924 Posts.
    lightbulb Created with Sketch. 28
    I am not missing anything.

    If it occurs at all...

    Sometimes it works in your favour, sometimes it doesn't. My position hasn't changed. My bleating about manipulation occurs on down moves (check CDU out yest) due to most of us trading the long side. The same punters go quiet when things move up....convenient eh.

    In this case the move down has been completely in my favour so whether it is simply traders taking profits (as you have just done) or the boogeyman it has been nothing but helpful as I have now added another 25% to my position with virtually no risk at cheap prices.

    Since the spread of sales has been split widely across a whole lot of brokers (comsec being all over it ie. retail) then I know it has been sold down by traders which I can, and have substantiated with other members here by sharing.

    So all the best with your ideas I hope you learn to make the market action work for you.
 
watchlist Created with Sketch. Add EXS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.