Holding steady, could've booked profit at $4.16 before a big sell off yesterday, but still short term moves for what I believe is an ling term directionally correct investment.
Q4 will break away the price. There is still a chance of a dissapointing outcome but the likely hood of a stellar "exceeds expectations" is there.
Whole U sold off yesterday, Paladin and Lotus took a dive also. So it was sectoral once again. U price holding steady, more talks about nuclear are occurring world wide, we are positioned well and yesterdays 7% sell off isn't that alarming (dissapointing yes) but not a great concern.
We've run up hard for weeks, pullbacks are healthy in smaller doses rather than we go up and massive 20% tanks.
I'm not even booking profits to renter lower, just adding, waiting for the new 52w high to come, $5 next target on the back of Q4.
Right now we need to reclaim $4 and hold this.
Shorts have many tactics to push the price lower, it is expected, internal trading between other shorters lower snd lower is common. This is not one fund shorting it, it'd be a consortium as there always is. Cough Cough Regal...
And who ever said they don't report to ASIC are completely correct. Plenty short and don't report, very hard to enforce and for a HNW or a fund using a custodian with the big banks it is easier to cover who is behind it all.
No need to be alerted on short term noise ... directionally Boss is in the right place and will he deserving of $5-$6 come a wild update soon.
BOE Price at posting:
$3.72 Sentiment: Buy Disclosure: Held
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