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07:31
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Originally posted by Paddywagon1982
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Mick- I've been watching on sidelines here. You appear to be ramping this beyond comprehension. Sure the company looks good but it's expensive at current market Cap. Maybe news will or won't change this- it had a good run and will continue to run if news is supportive. However, that said allot of people who bought in 12's are now sweating and waiting on the news to justify existing market Cap." ( as evidenced by recent selling) I see a pull back coming- every natural pull back is good as it will provide further support for future and makes share price more sustainable. Personally I wouldn't discount charting and technical analysis as it provides people with good entry and exit points. If stop losses are hit selling may intensive whilst we wait on news. This company has had an excellent run, they have an excellent management team and what appears to be an excellent resource. Just let's reduce the temperature abit and allow people to absorb some of the facts and pull backs. Not ramping or down ramping- let's keep it REAL. Good luck everyone! PS I enjoy the contribution from all chartists
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