SIR sirius resources nl

trading price, page-7

  1. 6,426 Posts.
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    Welcome back Scorpion, glad to see you didnt choke on your cornflakes when you saw the SP, well done & the very best of fortunes, I know youre a LT holder & I dont see over $2 as being out of the question.

    I do gree with some of the hesitation, the stock is full of very hot money & could reverse as quick as it came up, I mean if I were a big player I would sit back & wait for the DT's to exit, or better still strigger a slide to shake the hot money out.

    I noticed a lot of resistance at 60c area & rightly or wrongly I have sold for the short term at 60c, About bloody time I made some money in the stock market :)

    One other point I might add, is that when this revaluation is complete & I have no idea where; it may well be 5x from here, the company is not cash flow positive & therefore the Med/LT trend will be down.

    I intend to get back in in the short term assuming the stock does what I think it might, but I wont chase it if it runs off without me, I'll just wave goodbye & wish you well.
 
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