20c today??, page-24

re: 13 cents today? - mixmaster_mike Here is my theory. People brought at approximately 0.28 when this one was going through the roof. Those same people brought more at approximately 0.22 when it lulled before the announcement of MS-1 because like most they thought it was going to be the next Prominent Hill or OD (a fact that the Solomons brought up too the pricks). So they are looking at an average buy of 0.245. And then when it tanked they thought they could dollar cost down and brought more at approximately 0.12, increasing the opportunity (they hope anyway) of getting their money back sooner. So this gives us an average buy price of around 0.17+.

After two months it gets to this area and they cut their losses, break even. Buyers drop out due to selling, sellers panic and take anything. Emotion fueled this stock on the way up, no one wanted to miss a little piece of OD at 100% rights ownership. Emotion saw it sold down to those levels after the first non event assays. This stock has potential but due to the potential I see this one as an emotion stock, and not a trading or investment stock. To understand movements int he SP of TAS and therefore TASO I personally think you need to understand the emotion of investors.

So if you take my theory, then there are going to be heaps of people trying to get out at 0.17+ so if could be long running, but taking that on board I think it will almost be possible to trade through this, and buy in the depths created by the sellers when they realise they may not get 0.17 for it and sell it back down.

Already that clown that brought at 0.14 is up 0.015 or 10.7%, if it runs back to 0.17 in the next week, that person jumps out and then buys it back at 0.14, very profitable emotions.

Hi mixmaster_mike

I must agree that the share price in TAS is disappointing, at the moment

Just gets going then stops - ON VOLUME

I think it is just the frustration of the "traders" or hangerson who just want their money back

YAK must be mad - eH!!! - I can just imagine him spewing about the opts but at least he, or I'll bet not a she, thinks

I personally hope they ease, just to give me a whallop on the options before they drill next month

At, say 5c, this old dog reckons there is 1c in this & that's all what I need for a whole year

I haven't even taken Eden into A/C


A good trading stock must possess vicissitude - [email protected]