Wanelad1, the chart does look promising doesn't it.
I honestly thought we would have seen high .90's today but the 200k dump scuttled that idea. It was good to see that no-one sold down immediately after the dump.
Why are people selling? Who know's?. With positive announcements, outstanding future income predictions and brokers saying $3.00+ within 12 months it all seems a little absurd really.
As we all know some people with alot deeper pockets than me have been manipulating the SP perfectly and I would imagine are making alot of money in the process courtesy of the nervous nellies. After their dump today they were immediately back in the buy side so at some stage they will make the SP rise again. It's in their interest to do so.
I still stand by the $2.00 by X-Mas prediction and I think that is being conservative.
Wanelad1, the chart does look promising doesn't it.I honestly...
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