I have suspected after the Cap Raising all done and dusted we will have a pumping of the virtues of HOG. As it deserves... Yet to the Insto they just wish for a good return. So they will hold the price back in the mid\late 40s i would suggest when selling their lot as they pump away.
Whilst Well 1 a good earner and 2 probable. 3 possible all looks good for coming months. Especially with oil\gas prices. The Gas Plant, etc... all looks to point towards $1 in 2012 without too much risk.
Yet this Insto will have eyes set on a 40% gain then out- they are not LTers IMO.
Very good position to enter any stock is just before an Insto starts pumping away... after 15th June we all looking good. All info been pretty reserved and then watch OUT after 15th. IMO
LT even better... yet Insto will probably sell off when near 50c I would suggest. IMO.
Cheers.........
HOG Price at posting:
33.5¢ Sentiment: ST Buy Disclosure: Held
