HDR hardman resources limited

recovered from spike low - nice buying

  1. 16,261 Posts.
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    HDR finished just off the mid-range of its spike down from $2.33 (low of $2.23, 10 cents down, then back up 4 of that 10). Not bad, and only 15 cents below its all time high close of $2.42 (~ 7%). If that's as bad as profit-taking gets then OK!

    The sell down was short-lived as predicted over the period 12.00 - 12.45 - around 600k sold in a spike, and the rest has been buying back at varying prices as high as $2.30. Was that manipulation earlier today .. well ... very likely. And what price should HDR be .. well .. errrrrr ... what the market will pay!

    I trust that today provided a buying opportunity for those concerned about getting on at the top??

    Cheers all

    H
 
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