There are plenty of punters over the last couple of weeks who...

There are plenty of punters over the last couple of weeks who would of decided that rain hail or shine, the next best chance they have to get out of the falling CQT they were going to take it.

So there were going to be plenty of sellers no matter what frrom open yesterday, but a few may have been suprised how hungry the buyers actually have been the last two trading days.

There is no doubt that the negative sentiment should have kept this lower, but it seems there is a bit of urgency in the buying. I would have thought most buyers would have hung back in the low 40's and wait for the sellers.

It seems some have worked out the reason behind the price drop was not due to fundamentals and with GF buying more, the risk/reward thinking in buying this stock at these levels is, how much more I can make from here, rather than how much can I lose.

Not many spec stocks you can say that for with a lot of confidence.