What we have here are Scalpers, Day traders with large volumes of ITC Shares who are happy to buy and sell when there is a small move ie : up to half a cent move, these profit takers may take there 2/3 K per trade when the moves are there.
We have to accept that to happen, the only way to get this SP moving is to get the big boys into it, and that will only happen when we get some serious news with S3, hopefully we will get that next week.
>.64 seems again to be a pain in the BUTT, there is some serious resistance happening at this level!!!
Enjoy the weekend guys, looking forward to next week.
Wally
What we have here are Scalpers, Day traders with large volumes...
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