While the results from the recent reports have been good, it hasn't stopped the shorter's from playing, it just to easy for them. Just look at the volumes for the last two days and today.
In number of recent posts several people have indicated about topping up at under $1.50 IMO it will get there easily over the next 3 to 9 trading days. We may even see $1.45 ( a 26 cent drop from last Thursdays pre report close is very common in the chart history for such a play).
I don't think the play will be a very long one to much risk of another announcement in September. I predicit another peak sometime in Sep to form a double top.
Buying opportunity presents itself as the TFC hen house full of chickens lining up to be plucked.
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- Shorter's playing again buying opportunity to come
Shorter's playing again buying opportunity to come
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