So as a trader Bud what you'd like to do is put a bit of doubt into QBE shareholders minds, perhaps panic a few as the price falls and then you can buy at a lower level, hold for a while and then sell for a profit.
As I said you are as transparent as glass.
There will be short term selling. I think it's only natural that some will want to lock in an easy profit. Alot of QBE shareholders will hold though and in 12 months time I'd say it's highly probable our SP will be quite a bit higher than it is currently.
Good luck Bud. I think you'll get your lower entry and will probably make a few dollars out of it.
QBE Price at posting:
$14.13 Sentiment: Buy Disclosure: Held
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