Today was a little disappointing.We hit 20.5 only to fall back...

Today was a little disappointing.

We hit 20.5 only to fall back down to 18c near the close.
Thinking about it logically, it's not all that surprising, we needed a day of consolidation and on top of that, I'm sure that 20c was a get-out target for many of the longer term investors, and why not? They've probably doubled their money and you never go broke taking a profit, so good on them. I just hope for their sakes that they keep it off their watchlist because I know if I was them, I'd be devastated looking at it in a months time when it is 30c+!!

I'm looking forward to the next leg up which will hopefully spring from tomorrow. If we can close the week at 20c, I think next week and beyond could be brilliant, if it drops back to 15-15.5c it could be dangerous, but I can't see that happening!!

JS

Oh, and by the way, today's VWAP was 19.56c....that says something ;-)