Having seen what has happened to PPX since I made the first post...

Having seen what has happened to PPX since I made the first post of this thread on Friday, I have done my homework and come up with a similarly out-of-favour stock which I intend to do a post on at the start of trading tomorrow. I do think that share price movement like we have seen here at PPX come in waves and sometimes all it takes is a positive post or two and a few people to run to the other side of the boat and the tide is changed. With so much short selling and momentum trading going on these days, a trickle in the other direction can very quickly becomes a flood.

I don't believe what has happened here at PPX in the last couple of days is false or overdone and I have hopes that the renewed support will continue upwards from here for some time. I certainly played my part in the turnaround that started yesterday and I bought heavily yesterday morning at 7c just before the price took off. I think that we, at hot copper, did play a part in firing the starting button for a correction to what had been too much flooding in the downward direction. PPX fell way below where it should have been at this time. Sure, it is not out of trouble yet but just as surely I don't believe it should have been selling at 6.7 cents on what we know about it.

Anyway I am curious to try out this theory by taking a similar approach to a similar stock which has not recovered in price in recent days. I hope some of you will consider joining me. I won't post the name of the stock on this thread as I understand it is not the thing to do but those who would like to have a look at this next one are invited and encouraged to check out my new stock post tomorrow. I should just add that with the market so volatile at this time, what happens overnight could change my timing particularly if there is a heavy fall overseas.

GPASAS