3 data and information 3 - update, page-93

re: pbt to take off in the states--????? I don't think that the US cares about the daytraders here; but of course there is a delay before the trial will proceed.

What does happen though is that there is a much bigger base of long term investors there and their outlook is different than that of an Aussie daytrader.

So, as the Nasdaq shares are being sold in a greater quantity than is available, the US MM (Market Maker) has to buy these in Australia and this in turn can cause a price rise.

However, foreigners can buy in Australia as well and I suspect that they are doing it ahead of Nasdaq trading tonight.

And so could be the MM who hope to offload them tonight at better prices.

See what happens. There is always risk with any stock and I can only hope that buyer/sellers are grown up enough to blame themselves should they misinvest (at the top of a spike).


Gerry