GREY:CLRYF - Post by User
Comment by
LittlebyLittleon May 29, 2018 12:21pm
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Post# 28094009
RE:Rumour and Innuendo
RE:Rumour and InnuendoHighly unlikely, espeically since CLY put out a statement saying that there was no material reason for the price to jump that much. If there was a sale imminent there is no way that they could have made that statement.
I think it was much more likely some bigger players who had been watching CLY for a while and finally felt it was time to jump in. And since they were getting in they though they could try and create some momentum to get this baby soaring. Unfortunately there wasn't enough sustained momentum and price reverted to its previous balance area and has been slowly dropping since.
Still serious potential to hit 15c or higher, but who knows!