AUO austral coal limited

anyone know why the strong rise of late?, page-6

  1. cosmos
    2,050 Posts.
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    21/07/04
    04:31
    Post #: 520896
    JP Morgan have bought 5% of AUO over the last couple of weeks (http://www.asx.com.au/asxpdf/20040720/pdf/3m69rf9bbd91t.pdf), probably responsible for a large part of the recent rise.

    Of course Morgan's may not know what they are doing but I doubt it. These sort of investors will blow the sp wide open.

    A few traders have taken profits over the last few days but my money (and Morgan's) says they will be sorry.

    cosmos
    AUO Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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