daytraders after market wekend lounge 25/11 , page-16

  1. db6
    61 Posts.
    On the plus side it looks like, if anything, our mkt priced in last night and on the basis of where Wall St closed should come in flat to slightly positive on Monday morning.

    For those NMR watchers who haven't seen it ann last night that c100mio performance shares been bought by directors at c 2.5c. The good news, more money in the coffers for NMR and, I would imagine, directors unlikely to immediately dump into the mkt. However that's a big increase in shs on issue from 324mio to 424 mio which could pressure prices further - unless that's what's been accounting for the weakness last couple of days. Either way Long termers might look at it as buying opportunity and DTers might get some more vol out of it next week.

    db
 
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