daytrades april 8 afternoon, page-122

Endless,

Thanks Endless. Thinking of washing my hands off PIE while there the 2.6c line still stands. No Appendix 3B has been issued for the placement to the institution. Is it possible this institution has been dumping shares while the 3b still finding its way to the ASX? Share price goes below 2c. Meeting for placement of further 2c shares comes up. Hey presto shareholders approve it as placement is at a premium to current share price.

About OBL. At least they have some real assets, I can think of one other company which tripled on practically nothing and was a trader favourite for past two weeks or thereabouts. No prizes for guessing correctly.

Ipod,

$400 sounds reasonable. Will think about how to play with that idea. Impressed with your DRM trade yesterday and today.

Tweets,

Looking at EER very hard. Seems they have more than 3 million cash in the bank. Shouldn't require a CR but chance perhaps of an opportunistic CR? Surely they would want the share price to be pumped hard before a CR? Directors selling maybe? What are your thoughts?