TOX tox free solutions limited

Hi woy woy,I have been comforted by the fact that after quite a...

  1. 7,409 Posts.
    Hi woy woy,

    I have been comforted by the fact that after quite a bit of downward pressure today it only ended up .2c down. 800K buyer stepped up to the plate just before the bell. I also like the way the options are trading. Yesterday it closed at 4.4 which was really running ahead of the fpo a bit, so the pull back to 3.9 looks worse than it actually was.

    I personally dont really know where it will head in the next few days and I think with all respect to chartists, its probably a hard stock to pick short-term as it is just moving so strongly on increased volumes. I like to trade portions and hold portions with stocks I fundamentally like. So with TOX I have been holding a base and trading a portion, but increasing my base as it reaches new heights. I definitely wont get the absolute best trade by using this method but it also reduces the risk of getting it wrong.

    Bottom line is I am net accumulating.

    What are your thoughts woy woy?

    Cheers
 
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