re: read below -bungy- aussie joe
A LOT of people seem to be sitting on the sidelines with the INTENTION of taking a quick ride back up as time grows nearer!
It would appear the the majority of people do think CAZ will win but just don't want to wait the 2-8 weeks to find out? After x-mass isn't far away (only 2 trading weeks) AND the unusual trading hours over the newyear will mean that before we know will be sitting in the middle of January. @ that point the descion should be within weeks and could be ANYTIME so best to take positions early!
PERSONALLY I would like the caz to slip below $1 so a few 'friends' have the oppertunity to top up @ bargain prices- just not sure if it is going to happen and if/when it does might have to be damn quick b4 the masses start piling back in?
Looking @ the upward direction of FMG 12 months or so ago there was plenty of times to be worried...price $3.30->$2.5 in a couple of days- it bounced back to $5,20 then $2.35 then next bottom @ $2.32 before settling above $3 for good it now seems. Certainly worth a look- must remember NOTHING goes straight up!
CAZ Price at posting:
0.0¢ Sentiment: None Disclosure: Held
