Katanga Mining Ltd Ord KATFF

Metals & Mining Industrial Metals & Minerals

Katanga Mining Ltd, through its subsidiaries, is engaged in copper and cobalt production activities in the Democratic Republic of Congo (DRC). Specifically, the company explores and develops properties with potential copper and cobalt yields operate mining and processing facilities that produce copper and cobalt and holds a portfolio of other mines that may be developed in the future.

OTCPK:KATFF - Post by User

Katanga Mining Ltd Ord > and KAT reaches a new low... in recent memory

<< Previous

Bullboard Posts

Next >>

Comment by MrIcemanon May 31, 2019 4:13pm

52 Views

Post# 29789940

RE:RE:RE:RE:RE:RE:and KAT reaches a new low... in recent memory

A high close is a tactic used by stock manipulators, who make small trades at high prices during the final minutes of trading to give the impression that the stock did very well.

Why the heck would someone buy 500 sharees to up the price at closing? That kind of draw the attention away form the fact that at 21:59:07 25k shares were traded at .39.

Which is more meaningful: 25,000 shares at .39 or 500 shares at .40? The closing price of KAT gives the impression that the stock did very well. Actually it didn't. 25k shares traded at .39 is more meaningful than 500 shares traded at closing to up the price to .40.

Still very interesting: 50 % of the daily volume traded during the last 60 seconds of the trading day.

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario