Very interested to see how this plays out once news hits. Good news should see a 50% to 80% jump in the SP from its base. Strong momentum will see 80% increase, very strong >80%. In either case day +2 from the good news will see profit taking surpass buying and the SP will retract as more people take profit, others de-risk and depending on how quickly the SP retracts others jumping of fear. Too much fear will see the SP drop significantly and then rebound. This will be the interesting part. How many investors see long term gains as opposed to the short term traders in this stock.
i will take some profit, but most likely reinvest if the SP drops back to the base post good news as l think in the long term $2-$3 is a possibility. DYOR
OSL Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
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