I sold 45000 today at 3.2c I put the order in early because I...

I sold 45000 today at 3.2c I put the order in early because I didn't think it would get touched, basically it was to get my initial stake + brokerage back :) was sitting on a 247% profit!

The weekly chart is looking very overbought on RSI (and that is before todays action) I reckon we might see another day of rises tomorrow and then a pretty healthy pullback. I was expecting that my sell would still be sitting there tomorrow!! surprised me on both the volume and the price action!

I'm in two minds about whether they will turn a profit for the half year... there is only about $781,000 worth of +ve cash flow after you take out the first quarter 170,000 loss. and cashflow reports are not profit reports, who knows what writedowns etc they might put in.... I think the real action won't come until the full year report comes out in Sep or so, though the next quarterly will be a good indicator :)

Still holding 105,000 so hoping it continues, but it surely has to be due for a pullback after this stellar run :)

Tony.