Morning traders Jan 19, page-4

Missed the boat again. Repost.

Morning all. Thnx Lauban and cheers Jimbo.

Just sayin'. I think peeps try to read too much in to SP movements. It's usually just a case of holders trying to buy or trying to sell. If you are a big holder in some of these specs it's all very well to see the SP go right up, but getting your cash out at that SP is another thing altogether. And in most cases these holders will have got their shares for free or at very low SP.

Buyers may well have inside info and will be happy to pay higher. The idea that they would sell heaps of shares to send the SP down just to buy cheaper is such a risky strategy that it's unlikely anyone would do it. If any stock is oversold then smart traders will be on to it whether they are part of the 'big deal' or not.

If you always look for hidden meanings in the SP you will just lose the plot. It's all about share sale profits and maintaining director's salaries.

imo