RTL 0.00% 2.2¢ rtl corporation limited

next stop 4c+ !, page-6

  1. 32,754 Posts.
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    how much further she has to go ST depends on 4 things:

    1. How bad the US reporting season is, especially for the banks and what this does to the DOW which we inevitably will be affected by. Specs are the 1st to get smased when a correction arrives.

    2. the quality of the aquisition

    3. the timing of the aquisition

    4. the quality of the pump upon aquisition (likely to be pretty professional given the very quick move from 0.4c to 3.2c without anything of note being announced apart from the placement and usual "change in direction" announcement).

    The key as always with these backdoor jobs is to get in early (very early).

    Quite a few specs starting to go nuts which is possibly a sign a ST top is near.

    TVN is another one of these little backdoor jobs which is looking ripe for a good run.

 
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