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28,638 Posts.
3528
06/05/09
20:30
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if anyones still up,
daytraders, would be best to canvas this thought.
BSL are cap raising 1 for 1, last trade 2.57
raising price 1.55
I'm thinking a certain for a short on the open.
The rec date is the 8th.
Open tomorrow resume trade the 7th.
There is always selling pressure before the rec, and more on the rec....
Thoughts?
is there any reason, that BSL buying pressure would be stronger than the exit door?
Traditional sell down to the rights price, esp 1 for 1.
?????
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