Maybe some of us long term holders do wear rose tinted spectacles and have given Caledon the benefit of the doubt through many demoralising periods when in truth there was not so much to be positive about. Bearing that in mind today was a positive day....BUT.....in the past when we have seen apparent large buys it has nearly always been followed shortly by an RNS which explained the conviction of the large buys.We may have rose tinted glasses but usually a couple of 100,000 buys means someone is in the know and are likely to dump shortly after a news release.If it were not for tax considerations I would be tempted to top slice if it approaches a 40p bid without an RNS...because historically unexplained rises with Caledon are rarely down to fundamentals or sentiment.......most likely a leak.
In that case it would drop back.... but I still believe it has some way to go over the coming year.
Cadence Design Sys stock quotes
Cadence Design Sys stock charts
Follow this thread
