STX 2.27% 21.5¢ strike energy limited

Ann: Trading Halt, page-26

  1. 309 Posts.
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    I would be inclined to think that the sell down was simply "Sell the news". People bought with the intention of making a quick buck and they did it.

    I only wish I'd sold with them and bought back in now as I do think this has legs, but the fluctations meant I could've made more on it.

    I hold WGO and STX so the red is 2x more painful, but at the moment it's a paper loss so I'll just sit tight as the potential upside is there, it just requires patience.

    I will add, I have no doubt in my mind that these prices move prior to news due to loose lips but I think the above had a greater impact.
    Last edited by ipo-w: 29/10/19
 
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