MKNOP - its totally understandable that many holders are very disappionted with the results of the latest report, but its kinda interesting to see the way people are reacting to it...from the 'I told you so' and others that seem to find pleasure in seeing the sp fall, some that are still positive, others in denial...if you're wrong you're wrong simple...I thought the sp would bounce back to the 40s yesterday, it didn't, but just in case I put a stop loss in at 31c, just under the low of thursday, it didn't get hit but almost...The way I see it is if you think the company will be sold for more than current sp, then hold, if not set a target and sell...all the cards are now on the table, or in the Data Room, GS is in the formal process of seeking global buyers and from now on there shouldn't be any more major expenses, there are more assets for sale here then just whats in the latest report, ecomonic conditions will eventually improve and potential buyers know this.
I'm still expecting a bounce early next week...the fact that volume yesterday was half of thursdays with some larger buy orders and that the price retested 32c are all encouraging...if it breaks the new support of 32c, maybe 31c then I'm out, its about protecting the remaining capital, but chart wise the price closed outside the lower BB and must return to atleast 36c to be inside again...by mid-week I believe we'll know where its heading, good luck to all
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