STX 8.82% 18.5¢ strike energy limited

Ann: SE Power Project Awarded Certified Reserve Capacity, page-33

  1. 8,483 Posts.
    lightbulb Created with Sketch. 3211
    Same old pattern.
    Good announcement - wait an hour or two - offload stock to kill momentum.
    The intensity of the short selling has gone up a notch. Strange that it coincides with ED results and government report.
    In what world does morning's announcement - and the several that have preceded it - warrant a reduction in the future prospects of the company?
    When the takeover offer comes, remember don't sell until the board has made a recommendation.
    Last edited by invertedva: Tuesday, 11:04
 
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