KAR 2.84% $1.88 karoon energy ltd

inconclusive, page-39

  1. 1,764 Posts.
    Will depend if there are leaks or not.

    If bad expect a major drop from instos. $6.00 then back up to 7ish within a week

    If good and yesterday was pure deliberate manipulation by the big boys = expect a small bounce. Up to 9.00 closing around 8.50.

    If really all are on tender hooks - big boys alike - expect it to trade between 7-8.

    With P1 valued around $7.00 I think only a fool would sell now. If one wanted out the last week was the time. I pulled half my holdings out at 11.00 and free carried now. Was not around for annoucement though and could not get out yesterday. As such will hold now.

    People should do what best suits there risk level.


    Let us hope Monday or Tuesday see a th with good reults!
 
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