AIO 0.00% $9.13 asciano limited

afr article, page-23

  1. 8,028 Posts.
    Yes Beast,

    You read it wrong, I am holding her at the moment. I wasn't planning to but I liked what I saw on Friday after the drop to $1.295 and back to the $1.38.

    I did a good trade of a run on Friday, bought 103500 at $1.38 out at $1.43 an hour later.

    Just before the close on Friday bought 20,000 back at $1.40, and bought another 60,000 more today at $1.385, now holding only 80,000 and my sell order is $1.50

    I can sleep at night, infact, I can even not look at the computer until next week, I know this $1.50 sell order will be taken over the next few days.

    Friday was the day she supposed to tank, but she didn't.
    The other day AIO said T/O may not be over the current SP price and that was $1.81

    Best case would be over the $1.81, bad case could be $1.80, worst case would be $1.50

    Buying in at these current level I see as a good short term trade.
    You don't have to love her, but no way I would short her now. Maybe later.
 
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