re: Ann: ISRAELI BREAKTHROUGH WITH CO2 TO FUE... I have bought...

re: Ann: ISRAELI BREAKTHROUGH WITH CO2 TO FUE...
I have bought in today.

Was watching and hoping to get in at around 6.5 cents but it now looks to me as if that is wishful thinking. Why?
Three reasons.

1) Today is T+3 for those who bought on the initial run. I would have expected quite a bit of volume to sell, but that has not materialised.

2) The speed with which the SP ran up today indicates to me that there are a lot of people who are also watching and will buy into any decent run. Price could therefore go up very quickly in that scenario.

3) And most importantly. There was a placement of nearly 28 million share at just 2.5 cents in October 2013. All of these shareholders could make a 300% or so profit at this week's prices. Yet they are not selling. Why not? I can only imagine that they must still be on their Christmas breaks and are not aware of the spike in SP, or they must be expecting much higher prices.

Make up your own mind, but as I say I decided to buy in today.