I'll back you up on this one huninni. 10%+ easy from these...

I'll back you up on this one huninni. 10%+ easy from these levels.
This to me looks like a bottom and a complete capitulation. I also bought some @ 2.80 during the week.
I bought 1879@ 2.55 at open and 4166 @2.5 on Friday so I'm putting my money where my mouth is.
SBM has capitulated 3 times and from my experience that set's a bottom. Directors were buying before I bought @ the 2.80 mark. They bought for over 2.90 from memory so I don't think they new the news at that stage. Gold has just taken another leap up on Friday so SBM will be sitting up for people to take notice. Very oversold. Norges might feel this on Monday and hopefully we will get the added bonus of a short squeeze from them. I don't think SBM will get down to 1.35 skol loves to down ramp. I don't take any notice of his calls. He does get thing right occasionally but it's mainly luck on his part where a black swan event will come in his favour. I do like his call on Boral though, I hold BLD and have been watching that one build, for a better word. Looking forward to a big week in SBM and hoping BLD get's a wriggle on skol.