STL 0.00% $1.90 stargroup limited

Slow down wolf-man...all very positive stuff atm...Friday's...

  1. 985 Posts.
    Slow down wolf-man...all very positive stuff atm...Friday's close was first time since 26/10 that we had a closing sp above 10c (on the back of 4month high vol).....was always going to be a slight retrace today from 11c - as old resistance becomes new support (10c).....

    My 'guess' as to why we don't have the news we are expecting as of yet - is to do with Chinese legalities/bureaucracy etc.....all contracts executed under Chinese jurisdiction must be done in Mandarin...this requires alot of 'pass the parcel' with lawyers etc.....

    I understand it's all 'action stations' albeit for a few contractural issues etc.....further vol spikes in the coming days or 1-4 weeks will be the clue as to how far off management is to announcing the company-making news we all are eagerly awaiting....

    Sp to test previous high (17c) shortly imo.....blue sky upside massive....(BTW - it ain't a ramp if I believe it to be true....and I really believe....)
 
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