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19,661 Posts.
277
07/02/11
14:33
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gut says that is a lot of shorts against us at the moment.
The shorts could there to hold the SP within a trading range whilst insto's accummulate long positions.
gaps at $3.35, $3.48 & $3.69.
I think $3.69 may certainly get a visit.
Not considerating in selling my any of my shares.
50% of last weeks range is around $3.56.
I certainly would be looking to add some at $3.70 and if luck presents itself at $3.55 region.
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