17.25 average, page-26

Ajax

With a stock like RXM a few weeks back, hotcopper traders can have an effect on the SP. But with a multi-BILLION dollar MC stock like LEI, I reckon Hotcopper has ZERO effect. In effect water off the ducks back.

With LEI it has been viciously shorted from January 7 after their negative announcement. The professional shorters are all over it IMO, hence my opinion that it will bounce up strongly when they buy back & move onto their next target.

I had a "premature speculation" ... but I am sure I will get another opportunity soon

cheers