General Discussion / Social Media, page-3416

I see it the opposite of Meggsy... tomorrow SPP (mainly retail) applicants find out how much they likely get, and have not been buying in the interim

this has artificially reduced buying pressure

the scale of the SPP Is so ridiculously small, that I don’t believe there will be any “quick dump” profit taking, and buy support will come back stronger than ever

there are big players lurking so you can never be sure, but I suspect we will NOT see any retrace below 32 cents (honestly I don’t think we will go below about the lowest of 35 cents possibly tomorrow with a few nervous nellies profit taking)

Looking at management’s recent history and seeming MO, I wouldn’t be surprised if there is a some good news that just conveniently drops at the same time as SPP allocations are announced