With the market down 80pts this morning I decided to sell out on the open at 64c, was pleasantly surprised that it opened up there, i thought that those large buys would be pulled pre market. They do look genuine however.
I do think that expectations are always very high for results to be excellent and more often than not the market does disappoint ie RXL, ICG, RDM etc.
If the upcoming results turn out to be excellent then I will be back in. but at this point in time I have to way up everything including the real possibility that the market may change from risk on to risk off. The overall market sentiment looks quite shaky at the moment
Good luck everyone
cheers Prowiz
KDR Price at posting:
63.5¢ Sentiment: None Disclosure: Not Held
