todays sellers are kidding themselves

In my opinion todays sellers are kidding themselves. We know they are all expecting to buy back in.

With a positive announcement regarding the debt extension expected and rumours of imminent asset sales, the question is will they buy back in at lower or higher prices....

Today's sellers are unlikely to have bought for less than .35 cents. Some may have taken a well earned 10% profit at resistance around .39 cents and thats understandable.

If it breaks .40 they will be buying back in mark my words.

I will go out on a limb and predict....

Some weakness in midday trade today, close around the highs at .39 cents and open higher tomorrow.

Just my opinion and please do your own analysis!!