CTP

Nothing goes up without coming down.... That is often the sad tale in the ASX.

Today, CTP went flying first and then landed before a trading halt was announced. This announcement is most likely a disaster. Management changes are almost never welcomed by investors, especially when preceded by a trading halt.

One noted commentator in Hotcopper thinks the oil discovered in Central Australia is not flowing either. But when the share price shot up yesterday and today? If I know, I would be a very wealthy man.

I have no way of predicting what will happen when the trading halt is lifted. Most likely a downward crunch. One lesson is never to jump into the bandwagon if you don't know what is going on. Jumping off when the share price is roaring up is different as you may make a profit!