the day after - comments

Any thoughts people.

OK folks well the report was not as good as expected but it definately was not as bad as people also thought it would be which warranted the dump. This proved that the dump was purely mainly daytraders getting spooked by the big dump on Friday afternoon and following the flock.

This morning there has been a little more shaking out at 1.1c but there also has been a couple of big buys taking in everything at 1.1c - the latest was a 2mil buy just now.

I believe we will hover around this level for a while but I can see more buyers come in for it now as all is revealed that ETC is still on track for a nice turnaround this financial year compared to the last one.

IMHO it's definately a good spec punt now at these levels.

Good Luck Everyone.