SydneyGuy, I could not agree with you more but you are not adding anything new to the discussion. But I am perplexed. Why do you have no sentiment and stock held? Surely you should be "sell" and "short" (but we don't have short)
ok "no sentiment" might be a hands off approach as you don't like to be responsible for giving advice but your posts give very strong advice to "sell" so why not a sell sentiment and why do you hold (sorry if you have already covered this. I am an infrequent reader).
Better advice might be to buy below $10 and sell above $12. That is my opinion. That range might be modified by the POG or the POG might just create this range to enable trading. It all depends on the POG.
I'm losing heaps (I got in a few hours before the broker downgrade at $15)but I sold today at 11.70 and kicking myself that I did not sell at $12 when I thought I should sell. The recovery seemed very strong but I guess maybe it was short covering and that has now finished.
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here we go again...!, page-16
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