Well I am in the hole for another +100k at the end of today.
Pretty scary investing with these stunned mullets. I guess the instos could take it anywhere - maybe 40c. Clearly the buyers have vanished.
This sell off is already beyond my powers of reasoning considering the extreme low volume and vicious decline, so when in doubt like I am at the moment, I just keep buying.
Noticing a few Barclays sell offs around the patch, and I wonder if there is a connection there. If it is Barclays it would be a bit like buying when UBS sells, almost a sure thing.
Wouldn't it be a laugh if they call for more capital in the upcoming report.
IOF Price at posting:
45.0¢ Sentiment: ST Buy Disclosure: Held