As a contrarian, I am in. There is just too much opportunity to give up. Japan reporters are stating that officials now believe that the air water-blombing strike are controlling the Nuclear Plant. The japanese government has pumped $54 billion into the system resulting in the Yen to hit its high against the dollar in the recent days and now. Relating the EXT - ASX top 200 stock with plenty of cash and loads of activity currently happening behind scenes- e.g. the possible kalahari offer. This is an easy buy, I am happy to hold this one over the weekend as I believe that the crisis at Japan will become less and less. When a stock peaks you have to be wearful that it at somestage will begin to decline, well this stock had a sudden death edge with no fundamental change so you would expect once the Japan crisis clears up that EXT should approach old territoy. Great buying opportunity and best on the ASX if you ask me.
EXT Price at posting:
$6.87 Sentiment: Buy Disclosure: Held
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