G'day Wod,I follow what you say. Incidentally, our experience...

G'day Wod,

I follow what you say.

Incidentally, our experience with PTD was a little different. We bought at 70 and sold at 210. I remember it clearly as it was our biggest win to date. We never re-entered.

Peptech may well recover if it wins against J&J but you would have to put it in the highly speculative basket atm.

IMO, Cellestis, whilst clearly being a speculative stock is a little different than many. The directors are very clearly focussed on building a successful and profitable company. They have never been caught out putting through an ASX announcement just to drive the share price. At times it is almost frustrating that they don't trumpet their progress. However, in the long term I believe that we will end up with a solid company.

2003 will be the making of this company.

Target $52.35 on 23rd August 2006.

I think Alpha has it about right in his post about range trading although I would very much doubt a dip below 140. I see that a few bargain hunters are sidling in through the door already this arvo. I now suspect that the seller today was simply a trader who got his stop hit. That is why even though it appears tradeable on a chart it is, in fact, quite difficult to trade because of it's sensistivity. Anything over 10k seems to push the price.

Started getting hot in Adelaide yet Wod? (I can remember those Adelaide summers).