FKP 0.98% $2.03 fkp property group

swing traders obversation, page-3

  1. 11,165 Posts.
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    Gregosan
    I don't really follow any type of signal as sophisticated as you are mentioning, however I noticed a change of character in the trading on Friday. There were many more buys crossing the spread than usual.

    I was sort of hoping that the SP would hit 20c, have my doubts it will, but am willing to wait and see with some spare buying power. I've certainly got enough to be very happy if they head back to a normal discount to NTA - in fact I will be ecstatic.

    I have noticed with previous similar scenarios that there is often a final frenzy on higher volume towards the end, with the SP often dipping. That has certainly happened.
 
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