HCT 0.00% 1.5¢ holista colltech limited

HCT CHART upward indication, page-400

  1. 123 Posts.
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    I think everyone is now settled in awaiting news. The volatility has been arrested due to the stutter caused by the inconsistencies of media releases over the past few weeks and the depth is now pretty stable at current SP IMO.

    Personally I don't place much weight on technical analysis, especially with stock as emotional (just read the threads) as this one but I still believe in the story and fundamentals. Even ASX200 stocks are experiencing the full weight of investor uncertainty and its amplified down the MC ladder.

    I would think that information is imminent and it looks like most people are holding for that now. Just looking at the spread of sellers I also think it'll run up to the high teens pretty fast on a positive announcement and hopefully set a new support there based on some better communication going forward. More importantly it would be great to see the company announce some solid production plans / numbers and some distribution deals which is what I hope has them so distracted.

    I'm sure many have been in contact with management by now and I'm sure they will learn from mistakes. As an aside I have had dealings with a few large listed companies since this all kicked off and there isn't one of them that isn't struggling with the same issues. Given what HCT is trying to do I rekon we could cut them some slack.

    Perhaps if that isn't one's sentiment then one could always take one's money elsewhere.

    Have a good weekend HCT holders!
 
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