"What would be the point of rallying up only to lock us in? All it creates is resistance along the way back up."
Hi onetonne,
the point of their exercise around announcements etc is to sell to 'yourself' at a sightly higher happier former price and then lock 'you' in and force your pants off ie. drive the price down with their sheer selling pressure
and make you sell back to them at a discounted price
it you don't sell, no worries, but a lot of ST will
doing that to a lot of traders etc they win win all the time
P.S. I hope that the razor blade is blunt :)
1/2 thru the day and just went past 13million volume, a biggy
MEO Price at posting:
46.5¢ Sentiment: None Disclosure: Held