STX 0.00% 21.0¢ strike energy limited

Same old pattern.Good announcement - wait an hour or two -...

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  1. 8,710 Posts.
    lightbulb Created with Sketch. 3354
    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: 13/08/24
 
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