Remarks about the chimney effect shown on the Chart were made some time ago. I thought that the correction would close the gap at $2.36 but it carried on.
It is now quote $2.24 /$2.30. The Chart now looks good:
http://bigcharts.marketwatch.com/javachart/javachart.asp?symb=AU%3ACST+&time=&freq=
From today's newsletter: The FDA is considering our
response and has made it clear that whilst they will
work diligently, they will not give guarantees on final
approval date".
That is a standard response and doesn't have to be negative.
Spikes do occur in fast rising stock values but don't make too much impression on a LT holder.
Waiting for more news:
Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks.
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