why the panic selling today ?, page-8

  1. 3,353 Posts.
    I too found the trading pattern of WON a bit strange. The selling was so strong, it was like predicting that the well is a duster before it is even drilled. I found it a bit overdone, or maybe people with tight stop losses were panicked into selling, a lot of these orders are pre-programmed and brokers sometimes take the chance to put through a lower order to flush out the program sell trades.

    I jumped in for a little action today at 1 cent and have decided to hold right through the drill. This has been a pretty unlucky company, it is time for them to bag one. Also 30 MB, that is quite a decent sized target. The upside downside analysis above from Jim above I thought was a good point.

    Go on boys, give it a decent crack.
 
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