Ann: Paralana Joint Venture Project Update , page-14

re: Ann: PTR: Paralana Joint Venture Project ... that maybe technically so, win....but even if it closes at say 70/70.5 today it won't convince me yet that we have seen this year's low at 65.5 last week....
today it seems the bot is trying to flush out short term traders who picked up a parcel at 66.5/67.....hence the stack removal at 69 before...it's amazing how dramatically the bot manages to change buyer/seller ratio in an instant...
at this stage i'm waiting for the low to be established...could be under 65 and close to 60 just to scare holders to give up more of their shares....
70 needs to be broken upwards and i don't expect that it will be broken as easily as it was broken downwards...why?
because investors' sentiment on beach sp stability and reliability is in tatters thanks to hedgies operating the bot....
pessimistic short term but also optimistic medium term...
you're right..
it's all about waiting and patience now and how much you can afford to hold if you were lucky enough to buy at current lows....
better take me anti depressants now...:-)
cheers, anywhichway