A great couple of trading day, over all market down, most reits sold down very heavily eg VPG down from 8 plus cents to 6.6 cents, mdt down from 16 to 10 and back up to 12.5, cer down from 11 to 9 and back up to 10.
Such low volume indicates to me that this stock has found a new base, no punters really prepared to sell this stock below the ten cent mark. Although one panicked trader yesterday morning sold nearly a million shares at market dropping CER to 8.7 (I hope that wasn't the ever cool and calm BUFFETT).
I'm feeling like we could be in for a run tomorrow depending on the news out tonight
A great couple of trading day, over all market down, most reits...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)