NGI 0.30% $1.69 navigator global investments limited

eMark,Maybe it's to make sure the bolling bands don't tighten up...

  1. 350 Posts.
    eMark,

    Maybe it's to make sure the bolling bands don't tighten up too much. Although we have seen a significant retracement, it has been on very low volume. Hopefully this is selling pressure drying up.

    On the other hand, if this is accumulation, its been done very slowly... 2 million a day i guess is more than nothing and they are picking them up cheaper.

    I just hope the resistance at .15 & .16 isn't artificial and gets pulled.

    Either way, as its been said before, hedge funds get judged by their performance, so lets hope they hit their earnings guidance. Then we should see a nice re-rating imo.
 
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