Morning all (thanks HLL),
Well, I will mostly be focusing on the following stocks today:-
NWE - It will be interesting to see what happens on NWE after yesterday's fantastic action & volume. After NWE received a 'Please Explain' from the ASX (of which it could not explain the reason for the volume or price increase in its sp) I personally believe the market is realising the potential value of this stock and is in the process of re-rating it accordingly. I will be looking to trade this stock and to also take a core holding.
PEN - Action late yesterday afternoon where we saw the stock close at 6c (my guess is the stock rose on the bullish Broker Report from Hartley's released a few days ago).
CER - Also had a little bit of action into the close yesterday afternoon so just watch this one to see if a trade presents; but personally I think it retrace is more likely on the cards and accordingly I have an order in at 15.5c atm.
Have a great first day on the job today iPod; good luck to all traders today and my quote for the day is:-
"The man who smiles when things go wrong has thought of someone to blame it on." ~ Robert Bloch
Cheers, Pie (:
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