With the US plunging along with the aussie dollar it will be interesting to see how VPE acts today with their buying. Yesterday they sat back . Will they sit back more today as people feel the need to sell because everyone else is. ITC is a very stable place to be at the moment.One of the few stocks to have gone up in this correction. What more do you want. Thanks Berne and Zero.
I expect them to sit back early today to see who is weak and sells but if nothing comes then the bid may increase as the day goes on. They can;t afford this to drag on for too long.
The bid can;t be far away. Big weekend ahead and would expext a number of meetings , if not already had, over the next few days.
ITC Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held