tibbs, agreewhat we've been seeing is only the T+1 , and T+3...

tibbs, agree

what we've been seeing is only the T+1 , and T+3 trades clear. With these supported at intraday level consolidations.

We've had no retrace to speak of. (except on jan 22, but hey, bad day for all. And during the 50's, which is natural as it was a shock for the stale bulls to suddenly see some 80% gain in a day.)

This is saying that most holders see the long term, and the sell traffic, is coming from just traders settling their entries.

When have we ever seen a stock so tightly held, for the promised land?

I think, the massive peer comparison, of IPL, and serious backup projects, monia and I/O, have put Long Hold on this for all.

And perhaps more so, the recession proof nature of the fertiliser comodity, people have to eat, biofuels need to grow.

If people get a sense that the demand will exceed supply for an indefinete period to sustain the high prices of rock phosphate, green lights all the way to the finish line.

There were some interesting posts previosly on the limited supply side of things which could add supportive sentiments.

cheers