chomp, page-13

Hi Squire,

I've been watching the build up at 10.5c and 11c. I think those sellers are more than just the capper. I'm of the mind that it's short termers who now want's to get out with a pretty reasonable gain if they bought in at 7c-8c.
Meantime there is strong buying going on and they're starting to nibble 10.2c - 10.5.
Once these short termers are out, we'll have a new strong base to start from.
Yes, I think the short termers have decided what decent exit price is and they are lining up so that, when an announcement come out, they'll be out of here. Just my view at this stage. Buying is strong today.