daytrading march 5 pre-market, page-5

  1. 2,976 Posts.
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    Good morning all,

    NRT - After hours close $6.80 (1250 shares) equivalent to approximately to $0.265 per share in Aus
    Normal market close $6.45 (78,964 shares) equivalent to approximately $0.25 per share in Aus
    PROCEED WITH CAUTION

    AZS - Was expecting a bounce yesterday. Got in and out for brokerage as I do not believe in holding stocks overnight unless it is better than a 70/30 chance of gapping up. I still beleive this sill bounce. The announcement they came out with was brilliant. The price is being held down and this is evident with the 500,000+ sell orders that are being placed at every pip and then disappear close to the end of the day.

    RXL - Interesting day yesterday. Like AZS I was sure it was going to bounce. Didn't trade that one though.

    ICG - I stated over a week ago on the big selldown it was Ms. Thomas selling to hold the company to ransom, forcing them to renegotiate the 5.44c offer. The Top 20 released yesterday confirmed she is now gone, so be prepared for an announcement regarding a CR soon. The directors might leave pride at the door and go with Ms. Thomas. I believe this will now show a reversal and could offer some good opportunites for DT. However proceed with caution as there are many here who are willing to sell their shares if it hits 6 or 7c soon.

    SIR - Beware the T+3 traders from Friday who haven't exited yet.

    Good luck all. Should be an interesting day
 
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