Curious...19 May 2020 20:45
I am curious as to why CPX went from 2.2p to 3.3p on 27th Apr, a 50% increase.
The price rise took place over the first 250,000 shares changing hands and was being hiked up on just about every single trade that day, which were relatively small in quantity.
I speculated that someone wanted out and the price was lifted to accommodate them above the placing price as blocks of trades were passing through at 100,000 at a time quite regularly and have continued to do so.
But I also now think that someone else is accumulating, as the price seems to be being propped up artificially.
Don't ask me to be specific as to my reasons but 20 years in Aim has taught me to be suspicious and my gamble (which is what it is.....limited research and gut feeling) tell me that this could be one of the last opportunities to enter at this level.
So I would rather be in this than out at the mo and will be for the next 3-5 years, but please do your own research etc......