desouzara,
To add to your comments;
A. How can you say ELM is overbought? How did you come up with this? Are you trying to down ramp? How did you chart this? I spoke to a few professionals to get a trend chart but no luck. They couldn't chart it properly.
B. What correction? How can you purely looked at the charts (if any) when JORC is due now and imminent takeover is on the table?
Today's action made me buy another 140,000 more shares. The seller wasn't interested in getting higher prices today. He could have sold all those shares for more than $2.70. It was so obvious that he just wanted to scare people so that tomorrow morning he can buy them back cheaper. But I will be waiting again in the morning. I am not going to let someone else run a mug with my holdings which is quite large. I could see it very clearly (very clearly) that he tried very hard to scare people off.
Was it you trying to off load today?
desouzara,To add to your comments;A. How can you say ELM is...
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