Morning traders May 5, page-107

  1. 2,297 Posts.
    MOB - Good margin if you can get in at 20c IPO, it keeps nibbling like it wants to go higher, ask is 20c bid is 22c and it cleared 21c yesterday, one to watch because there is nothing on the sell side and a big buyer at 19.5c so not much downside from a 20c entry (0.05c)

    CTL - Sold down on light volume, as in very very light and bought up from 1.6c to 1.7c. will not take much to take this back to 2c

    SVT - News of big revenue streams (global partners) in the quarterly and more nibbles at the 14c mark which is a 30% discount from IPO

    MSP - Cashflow report doesn't match next quarter revenue but management believe they will be cashflow positive... so a wait out on a pretty big announcement and a bit of smoke to follow.

    THC - AC8 pushed up 20% o a large MC, THC has said it is chasing same licence and from threads 20 days away?

    Writing this I understand these are not day trades but overnight accumulations as these will all gap up hard in my opinion over the next 30 days and that preopen gap up is where money is well and truly made. AC8 for example, that 20% was made before the market opened, day traders would have lost money initially. Time will tell.
 
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