So Stay Tuned, page-119

First 119 Last

Share
Profile

Follow
flanostu

591 Posts.

28

31/08/15

21:18

Post #: 15908776
Share

Originally posted by Jnnl ↑

On the bright sell.. Atleast there wasn't a sell off and ironically a little trading push up so I took the opportunity to exit on the trading parcel I bought at 2.7 ( not recommending anyone to sell, just I decided to trade the swing on this one for now till i find some stability so I just feel the need for honest disclosure to clear any confusion)

I have intentions of get back in very soon but need volume to settle abit more on support levels and for the bulls to show some degree of control upwards.

Had a feeling from the start that it wasn't a big deal (ie telco deal), but I suppose I was wrong for thinking it was DD as well.

Like i mentioned before, doubt SP would of held last week (in the global panic) especially on this news without TH & suspension so the "coincident" timing did well for shareholders. So that alone is good news to me.

Remember that DD is overdue according to expected dates so we can still expect that any day which could in the current circumstances could be positive.

Expand

Totally agree. Unsure if you've seen but their FB page provided a vague update this afternoon regarding more news "soon". Impact this has on the SP, my guess is either up or down or sideways after today's trading day, manipulated imo, small parcels and continual bounce off 2.7c for most of the day.

Possible false support by brokers trying to entice given most were expecting a totally different PR? Will the DD have a huge bearing on the SP (POK didn't fare too well today)? Has management lost some credibility (imo yes)? We'll find out "soon" enough and as bonus another bad week expected, well begun, for global markets.

Happy we finished flat, but how and why?

AWD Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

EBR

EBR reaches review milestone for wireless cardiac pacing device

VYS

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

HLX

Helix investor makes partial takeover bid, proposing board changes

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

LLC

Lendlease sells off US east coast construction operations in latest global divestment push

Results wrap: Austal, TPG Telecom and Downer

HVN

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

TBN

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

CYM

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

PYC

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA