RE: CUSN testing 50cent level in Canada2 Feb 2022 09:51
Everyone needs to make money in the chain, we are just the bottom end user who has to go with the major investors with millions in, funds, the companies themselves are all above our investment needs. What you perceve / know to be right is probably not the case. None of us know whats really going on until that rns. Penny to a pound if there is good news coming 30p or 55c would be nothing to buy at for the chain above IF they know the sp news could break 40p 70c within weeks. It looks to us like chasing but they can bid it up to get those in early to take profit to sell so overbought in theory as true value at the time is less. They can also drop the sp and shake the tree and confidence. The fear of losing profit ir FOMO is a very strong tool. Also i think i read that around 60-70% of all day trades are algo's now with this fightbor flight data written in. They will know how to push those buttons to take the shares off us in to larger hands.
You may get a day with 1m traded and it drops 10%. I have seen a share or several drop 10% on 100,000 based roughly in same level of shares in issue a d roughly same freefloat.
AIM is corrupt fact. The guy in Oz I know who is a mine owner abd heavily invested in emh cinovec knows ALL about the tricks and especially multi listed domains. Its all about the interchange rates , potential to get cost back in near term rises etc.
My theiry may yet come true ? Up 10% yesterday down 4*5% today. Is that to sucker a few more in to selling as they see their profits drop yet again.
Many are here for a quick buck not long term.
While there are sellers they above can play their games.