buy signal?, page-29

Hi Nuts, great finish at 32c. All those sellers you refer to that were lined up to sell at 30 and 31 etc actually got 32c for their shares. In the closing auction people put in low priced sells in order to jump the queue to sell at the closing price. The 30c seller never intended to sell at 30c. The Seller would have had one eye on the indicative auction sell price because that is what they would get for their shares regardless their lower sell price.

Well all I can say is I hope that the buy signals have identified the beginning of an upward trend.IMO it is the prospect of news that is causing the increase and on nice volume today. Even IF this is the beginning of an uptrend I am always aware that stocks may zigzag with ups and downs in whatever the general direction and that supply demand is the key, with the big moves coming on the prospect of positive announcements.

cheers