Hi All,
Yes I bought n sold today for quick profit. But yeah unlike most I can see it falling badly again especially in a few days when substantial holders notices arrive, particularly because directors also sold.
Now most in the know, know the directors had margin loans which meant they had to sell, (well actually the fact that they loaned when shares where at a higher shareprice is actually a good sign ie they had confidence in the company), however the market will not take it that way....well we all know that.
The guys that shortered today on loaned stock (the reason why it plummet so badly today), will use market panic with substantial holders notices to again short..
Well lets be honest, whether u downramp to buy in or upramp to sell out you know the above is the case.
So I predict this week it will see mid-high $2 and it at times will see lower then $1.20 (maybe lower then $1), but yeah if your thinking $3 ya dreaming, next week it'll hover high $1 low $2 range...come on we all know this.
Cheers
Kelp
ABS
a.b.c. learning centres limited
how long until 3dollars and tom predictions, page-7
Add to My Watchlist
What is My Watchlist?