re: +++ 3.50 here we come +++ intellimoney I got in at $4.07 and...

re: +++ 3.50 here we come +++ intellimoney I got in at $4.07 and have been shorting it all the way down. Only got in at that price because on the AGM day TLS put it in a trading halt and in that statement suggested it wouldn't be coming out of it until the day after, b#stards lied and lifted the hault about 2PM and I had to jump in at $4.07.

Anyway ... it has been mums and dads buying all day... (the novice investors) ... there were at times well over 100 people wanting to buy 1 million shares! Hardly the George Soros's of the world putting there buy orders in with those sorts of volumes

Why do people keep talking about insto's wanting to buy this junk heap .... the company has now depleted all confidence from the stockmarket. Not only that but unless the govt step in (which they've said they won't be) they are about to lose their ULL monopoly which Stanhope claims will cause them to lose up to 800 million in revenue per year (Graeme Samuel says more likely 200 million a year) Who's going to buy a company which keeps making those sort of profit downgrades every few month?????

They are gone. Finito!!! In the AMP basket!