As indicated the recent buying seems to be unwarranted given the state of the markets. To me it seems that some have done their research and want in. There have been some short sighted sellers giving up potentially more believing that the current rise is unsustainable and should retreat to lower, allowing reentry. This is a high risk strategy.
The next few days will be interesting as the recent buying and the current lack of buying and depth today will determine whether more sellers come out to given the potential buyers an increased state or the recent buying was just unjustified euphoria.
There are to many results coming out to risk selling out and buying in at a lower price as there is no volume under the 70c mark.
If IFE starts rising then TRF will have the flow on from the Fe reserves upgrade.
If it is TRF alone then there something else. Also the lack of options trading is unusual as the options give not only a cheaper entry but better leverage.
The 'bot' seems to have disappeared for the 100 share sell trades.
Not worth selling at current prices when there is so much news coming out.
If you have to sell then so be it. otherwise tading for the few cents here and there is seemingly not worth it.
good luck to the holders.
TRF Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
