Picked up a few yesterday and today at average 35..I was not very sure as stock was in some sort of free fall. Have bought just on technicals and watching director buy..I am still not convinced fully that reversal may happen, but price action yesterday when it started coming from 33.5 gave me an impression of bottoming, so thought may take a punt. Bought yesterday at 34.5 and today some more at 36.5 for average 35..Other reason I bought was director buying consecutive 3 days 25k shares. Every morning I saw a 25k buy at the start of the auction in morning. I could be wrong but I feel it was the director buy. Today morning it was not there and we did not get a notice also. That means director has bought and it's ready to go. All speculation though and I may be wrong. Also director buying does not guarantee anything, but at least it's positive..Tomorrow will tell more. As I said I am not fully convinced, so will be watching carefully what to do next. If it goes higher, will wait for it to reach early 40s before buying more as it will give cushion. Else if it looks weak, then may exit and wait for later..Will research more to see whether it can be long term hold, as don't have enough knowledge now and buy was on technicals. But let's hope it wants to go up. All the best.
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