I was buying at 23c a couple of days back. Guess I'm one of the...

I was buying at 23c a couple of days back. Guess I'm one of the 'nutters'.

The way I see it, these insto 'nutters' who bought in at 25c aren't going to want a loss. We've all seen how easy it is to help this share north on very low volume, I am expecting some buying pressure in the near future to get things back in the black (above 25c for these guys). This push north will probably coincide with a positive announcement of some sort to help things along.

Personally I am pleased to see how the SP has held up the last couple of days. This tells me that the traders are mostly gone now and we are in the hands of more patient long-term holders.

I have used these last few days to load up on a few downtrodden stocks for the long hall. Underwater now but I have purchased several companies with great medium to long-term outlooks. Companies with great resources coming online but very small market caps. All I have to do now is sit back and wait for the re-rating to occur.