mufcreds
I bought a parcel of options around june last year and stocked up on a few more shares at around 27/28 cent mark yesterday.
I think that of late when a stock breaks out stongly it just goes regardless of the market as was evident over the past two days. By memory I recall ego putting on massive gains on days when the market was falling heavilly. However it is dificult to compare ego to ACS fundamentally.
As it has already been mentioned, managment own around 60% of the company and are all most certainly not likely to be selling tomorrow. IMO if anything, they judging by the buying over the last few days they will lap up any sellers.
However the dow down 315 points and thats a big hit. So watch the first half hour of trading as that will probably provide the best indication of sediment towards the stock.
Regardless if the stock is up or down tomorrow in theory would suggest the best buying opportunities on a stock should exist on a day when the markets are down.
More importantly though enjoy your weekend:)
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