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19,875 Posts.
1010
18/05/10
16:31
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blokes take on what happened today:
-- disgruntled options underwriter sold their remainder of 15million+ having been dumping at a loss something like 90million these suckers.
-- few million other oppies followed them out the door at .005 ...
-- just 2% of the ords were turned over
-- the asx was down with risk averse punters moving their money around.
-- numerous downrampers hit the forums today from an hour before the oppies dump until close.
-- company could well have gone into halt today and prevented this oppies dump ahead of news. they didnt. are stale holders out. news is pending.
-- i hold, but resisted buying more because, well, its still a risky proposition.
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