Sorry Angie. Have to disagree with you. Daytraders have information about media releases imminent maybe due to good informatiom but the nature of daytrading is speculation. The nature of investing in thorough research. Daytraders are often driven by notions attached to historical price movements, whereas investors have a different agenda based on underlying commodities, assets, industry etc. Fund managers can only "daytrade" when there is heaps of loose stock to pick up. If you look at tightly held stocks it becomes very risky to daytrade them, as i am sure some on this thread would agree. If the re-rating of ORD is imminent, more serious large scale money should flow in, and the result is a super tight registry that is full of long termers. Lets face it, those trading now are passing up profits in the long run, regardless of whether that have a long/short approach to ORD - IF ORD is as good as the whole world knows. Get my drift?
VAN Price at posting:
11.8¢ Sentiment: LT Buy Disclosure: Held
