up >300% today....!!!!???? :( or :), page-19

re: up >300% today- alpha LOL. Getting much happier at trading these situations cerhob.

My logic for this trade is that listings that have a proportion of unwilling participants present (ie hugely diluted previous shareholders who are sitting on major losses and creditors that were forced to take scrip as settlement for debts or get nothing seem inevitably to get sold down heavily on open as these people (especially the creditors who are unexperienced sharemarket participants) sellout quickly - especially so if scared by the falling share price.

Anyway, sharing the trade simply for the sake of discussion and group learning (mostly my learning if I'm completely honest.) :-)

Apologies for the typo in the earlier post, lol!! (Were iz tha spel chek Pat?)

Cheers,