Club Mulgoa

Monday, September 10, 2012

Inside information

If you look at CDU's share price in the last few days, you would think that some investors knew what is going on.  And today, the announcement makes that rise highly suspicious.

But no one was expecting PCL to announce that while oil was not discovered, it has found a big cache of gas.  It will be a while before the size is confirmed.  Someone told me today, he bought into PCL at about 11c when idiots were selling.  That is great! (The share price plunged when the primary target was reached without oil being discovered.)  It closed at 22c.  That means 100% gain within a few trading days!  He will be buying coffee for me!

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