Hi @Cocoa,
The declining sp would be a caused by a few factors. Revenue figures would be one reason, holder frustration another.
The theory that @davidosan put forward a few days back about investors switching from tech to gold stocks for quicker returns is a good call and makes sense. http://hotcopper.com.au/posts/17662111/single
Whatever the reason, isx's fundementals havn't changed. Infact the company has been strengthened by all the positive announcements over the month's.
And now with all the existing clients being progressivly bought into service and commercially transacting, I see this as the safest entry point into isx in the last 14 month's. This isn't a time to be selling, it's a time to be accumulating.
Isx is now de-risked to the point that it's the closest trade to a sure thing imo. There's really not much selling going on, the volume's are small. It just apears negative with the declineing sp. If this same scenerio was being playing out on huge volume's there would be reason then to be concerned. There's no need to worry.
Isx's sp will quickly spring back on the very next client announcement and from then it will progress steadily upward.
There's nothing wrong in the isx camp. The fundementals and future for isx don't get any better than this.
Cheers
Tradealot
All imo & dyor always
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Hi @Cocoa, The declining sp would be a caused by a few factors....
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