re: whats with all the buying today? even i'm back in, at 3.7c...

re: whats with all the buying today? even i'm back in, at 3.7c just after that placement. Still think its a dog and my reasons for buying are in the thread "1st comes placement ..."

But now I think it will also run due to investors anticipating these sales mentioned in qtr report. It will take until 30/04/05 to possibly expose this as another exaggeration by MDM and tax loss selling will occur in May/June if the sales arent there. I feel there could be a decent rise in the SP to that point and the recent placement takers need to dump around 16 million shares at a 40-50% profit so an announcement along the lines of the Gallery investments LIE from last year to help support the dump. This puts the SP around 6c where everybody can take a profit.