Back to 30c soon..., page-7

sell off yesterday was total overreaction, just shows how many shorts and traders are in this stock, one anns and they go ape down 22% in 1 day yet most of them made a mere 6% that day, if they held short overnight last night they are burning.

remember shorts have to buy to make a profit, if they wait overnight today they may burn even more...sell at 26c buy at 25c, 2c profit minus GST, brokerage, CGT of 30% and provisional tax = sweet F all. If they hold it may be 30c so loss of 20%, not the plan jan.

shorts are clearing out, floor today at 24c holding, if moves up again the shorts will have to reverse and buy. still havent sold any, that 10% last wed down was illusory, just like this 20% down day yesterday, the trend is still up and its a higher low at 23-24c looks like.