AAX 0.00% 39.5¢ ausenco limited

Nice post Bmachine,I only started trading this one late last...

  1. 1,929 Posts.
    Nice post Bmachine,

    I only started trading this one late last year.

    In at 4.14 out at 4.72 within 6 weeks.

    I'm holding a good amt now at 4.00 and hoping to hold for above 5.00.

    I'm thinking company report earnings for FY10 may be weak but guidance may be strong.

    What does this mean.
    SP may be subdued depending on company report release date and market sentiment.(short or long term)
    AAX must have the most short sales in the ASX. 45% most of the time so volatility is expected.
    As noted the chart looks good to hold ATM a lot of tree shaking has been done lately.

    CLO, yes I was surprised the SP didn't move north more,maybe the market is concerned re; capex..dunno.
    Done well with that one also in the past and looking to re-enter.


    That all I can add but ask if you know when the market release date is due.


    P. GLAH

    My thoughts only.
 
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