any bets where this is going to end today, page-28

Thanks for saving my reputation on that one Kromey LOL. 38c makes for a nice consolidating black candle, ie: no panic buying, no panic selling (well, not from holders who are big enough to count). It looks like its going to creep back up to that 44-46c level and retest. If it gets through, its ok to head to that 63c level at some point in the next three months. If it doesn't, its probably in for some months of sideways movement between 37c and 45c as everybody tries to work out whether it has double topped.

As it enters the mid cap phase it becomes more accountable for its value on a fundamental basis, so announcements become a bit more critical than trend strength. I really think now they will need a fairly spectacular announcement to get a close above 45c. Having said that, the guys running this show seem to have a knack for that sort of thing.

It's really one to now examine on a personal risk/reward basis and decide how much you want to hold for the long term, as the short term rewards won't be quite as spectacular as up to now.