TV2 0.00% 0.8¢ tv2u international limited

Momentum, page-2

  1. 3,288 Posts.
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    I know not everyone would agree, but I feel the share price will be held down for a bit. Don't get me wrong, I would love it to continue the momentum but feel that:

    1. Tax loss selling will continue
    2. A lot of people accumulated from 0.8c and will be happy to sell and take 60-70% profit, especially after having to wait all this time
    3. Still a lot of impatient holders, and if the price holds around 1.3c with no further momentum, some may decide to sell.
    4. Market still uncertain about buying and will wait until more concrete financial figures are released
 
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