I have to agree with the Apprentice...whenever you see punters discussing whether they are gonna buy a Porsche, Aston Martin or Ferrari when their stock re-opens you'll find that it usually ends in tears. In bull markets you may be able to find more and more punters jumping on bord but atm they rather jump ship as soon as a profit can be taken and that stops the self-fulfilling prophecy. I still hope that the dividend may attract some more buyers since we are talking good old cash to be snapped up rather than just good news and a positive prospect. On the other hand it was obvious on Friday that there were plenty of games played with selling off share parcels of 50,000 at the time. So I'm suspicious that some big guy maybe offloading into the good news.
SSM Price at posting:
26.0¢ Sentiment: Hold Disclosure: Held
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