HDR hardman resources limited

little action - announcement looking unlikely toda, page-11

  1. 345 Posts.
    re: action on the sell side Hdr is smelling a little fishy to me. I commented on the heavy selling that has gone on in anticipation of an annoucement. Last year the stock would have run into the 70 cent+ easily. Someone in the know has been selling heavily. Why would you unload so many shares if the news was good? I just pulled my buy bid @ 58 cents. I'm happy to sit on the side lines. The risk/reward percentage doesn't look good to me. If I'm wrong then I can always join in at a higher price.
 
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