Daytrading 30th August - Morning, page-12

  1. 1,485 Posts.
    Another factor to consider - VOR holders stuck in the trading halt from Friday would have bought on either Thursday between 0.080 and 0.091 or Friday between 0.087 and 0.095.

    What will they do? Most will try to maximise their gains by watching the initial buying surge, and riding the wave. As soon as it pauses for breathe, they will probably sell and force the price down a cent or two while locking in a healthy 30-50% profit. At this point, today's traders can enter for the second run.
 
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