thursdays sp for pno, page-9

I'm confident one more sleep not two. As always the devil will be in the detail. But the strong trades are a good pointer of what to expect.

I think the options will be in the money. They already are. Im not sure we will justify a 3-4c sp because we have the previous incarnation of Thermalife to overcome.

Predictions of 3-4c rely on a profit and PE ratio. A loss would mean its overpriced. I personally dont think it will run that hard. And I certainly agree taking some profit along the way is the safest approach given our past.

Their needs to be WOW factor in the announcement to get above 2.5c IMO. Some tid bit that makes you think that demand has been and will be strong therefor profitable.

Any back pedalling at this early stage will be a sell signal. eg 'Initially distributed through 1000 outlets, with plans to seek further retail opportunities.'

We want to know we achieved 2000 stores or that their is a clear staged rollout that will total 2000 stores within reasonable timeframe. Anything less is a fail.

We all need to be on our toes on Thursday. It will definately spike. We will hopefully finish higher. Could be great buying and better selling opportunities. Just need to pick the timing.

Without knowing the announcement, I would expect a higher open circa 1.8c, followed by a quite 30min-1hour. Then the spike possibly to 2.3c by noon. It will then retrace to close at 1.9c

If you look back at PNO, OBJ,VLA, ADO. All of them have had similar trading paatern when they have their largest run. They can then do similar things on subsequent days before settling at true value.