Im not going after the datas, stats n figures. Many of the experts have done this already. What Im concerned abt the big boys & market sentiment abt this stock. Since its increase from 1.8c, its going up and will continue to go up from news to news. LT holders don't need to be worried until news flow stops. What could happen in the mean time, (i could be wrong) is the big boys will get into it one day, increase the sp to a certain realistic amount and sell it. Of course they will consider the gap time between news. After selling off, they will reduce the sp to get in again. Its a loop and they will do it again n again.
My point is they would not choose this stock until they are not sure about its rise. So, during the sp rise, LT holder will make money once and the big boys along with day traders who are smart - several times.
If you are a LT holder, hold it tight, if not, go with the big boys and try to understand their sentiment!!
Cheers!
EN1 Price at posting:
3.8¢ Sentiment: Hold Disclosure: Held
