standoff, page-10

After having a look over the last week, I am of the belief that an announcment will take place next week.

Someone probably got wind of the fact that an announcement will happen, and probably used it as an oppurtunity to accumulate well before the event. Although the sheep followed, there was no announcment, and realising this, the traders stepped in and took the oppurtunity to play on the emotions of investors.

If an announcment was to happen next week, you wouldn't expect the share price to sustain a strong steady run over this period, you would expect the share price to increase sharply just prior to its release.

What we are seeing now, is a bit of a breather. It is obvious that someone has accumulated, but things are dying off a bit because there has been no announcement. I am tipping it will remain slow until the end of the week, where it may start to pick up Friday, or early next week, with an announcement to follow.