The following stocks on my radar are down today; CSL, DOM, NCM, FGL, QBE, STO...
These are defensive stocks...
Money is pouring in more risky stocks that can move in a single trading session. TLS isn't one of them. TLS is also a defensive stock.
Imagine if you had a couple of hundred mil. to play with and imagine you were willing to play both sides.
Imagine if you had invested today some millions in ANZ, CBA, LEI, FMG etc....
You still need some funds for shorting, right? Which stock (among others) is good for this kind of a play?
You are damn right! TLS!
No news, no confidence in this stock, makes it perfect for manipulation of all sorts, particularly - shorting.
Pump it down and you are making money today both ways. A perfect day for it. The DOW index was up, and we have not kicked off in the same fashion. 50% of the market is up (slightly) the rest is down.
It is a bit too late to short it now but it is a good opportunity to top up.
What's on the menu tomorrow? Perhaps the exact opposite.
Has anything (fundamentally) diff. with TLS today?
You know the answer.
I've pocketed another 20K units at 2.66...just chipping away.
Beer? Anyone? Cheers...
frustrated telstra bears, page-14
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Last
$3.90 |
Change
0.010(0.26%) |
Mkt cap ! $45.06B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.90 | $3.86 | $47.13M | 12.11M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 85316 | $3.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.90 | 383741 | 58 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |