SBN 0.00% 0.0¢ sun biomedical limited

up 100% in 2 days no happy punters, page-5

  1. 3,262 Posts.
    AJ,

    Your point about the continued buying is the key.

    What we may have seen is nothing but simple market psychology 101.

    Some buying depth at .003 builds, so more investors want to join ranks at .003

    As soon as theres a nibble at .004 its fairly inevitable that the lot will get taken and quickly as it did.

    Am i surprised? Not really, but if theres continued buying and i mean this heading to .006 - .007 then yes theres something potentially happening.

    Lets just hope it doesnt hit .005 and someone decides to slap down a sell for 10 million etc.

    Remember SBN has been top of discussions for long time, many watching and at these prices many might take a $5,000 punt which is over 1 million shares!

    One thing for certain is if CHina comes out with something positive then those who sold will be not happy.

    Heres hoping for that divine intervention!
 
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