daytrade diaries... february 9 part 2, page-83

Cheers Tweets. Thought you'd be happy...

Do I stay or do I go.... That is the question... I traded today to extend my t+3 commitments. Nice profit on the way through.
There is talk of base case company value at 15c P/S on old estimates. And perhaps higher given the nature of the hole conditions. Its not my math and the Market will do what it does... Risk return ratio is slimming down but profit is profit.
Last I looked there were more sellers than buyers so depending on trading stop losses etc. We could see a considerable over sell at auction.... But will it gain more upward momentum in the morning?? I don't expect any Progress reports before open but if one comes through then or during the day it will certainly be worth a read... Lets hope for the Daytrading opportunities that they don't lock us out with a TH. She could be a good green run... But I would like to know where the technical volume barriers are here given the extent of trading today... Gotta run to check out the auction..

Adios