short term trading - week starting 19th nov, page-69

  1. 24,192 Posts.
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    CTR - Interestingly we are back at 3.9c we are deep into an area of strong support now ... if I'm right it won't stay down here long before bouncing back up... Last chance to buy or Sell is the question? I say the former.

    3.9c a bargain given the high likelihood of a large +ive flow ann just around the corner ... Perhaps a few "Sell the ann whatever it is" traders jumping off ...

    Personally the probability of success is just too high to play the sell the ann game ... If we get a decent flow ... it could trade above 5.0c in minutes... Imagine what a flow of 500+ BOPD (Perhaps even as high as 1000 - 2000 BOPD) would do to a stock with a Market Cap of $13.3m... Double / triple? who knows but won't close below 5c with a decent flow IMO

    All is IMHO DYOR
 
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