in my opinion, ASIC talk is in the price. - MACD has bottomed,...

in my opinion, ASIC talk is in the price.
- MACD has bottomed, and perhaps we see a turnaround in the next few days.
- Volume today at open is great, and if we close positive = HAMMER formation - bullish
- Average analyst price target is 1.40(Macquarie @ 1.70, potters @ 1.24)
- Management would have "kitchen sinked" it ahead of earnings, there is no way they can afford another revision.
- Yield at this level is high with CASH rate predicted to go to 1.25% (yield stocks will be supported).
- Shorts are not very active which indicated to me we are near the low.

I see a run to 1.25-1.30 or 20% from here.