The old CER, now that the big short term risk of forced asset sales into a dead US market is a better buy risk wise than it was a few days ago at a cent or so less.
Not entirely sure why the decline again but expect the computer generated stoploss kick ins after the surge on the news attracted shorters for a good ride percentage wise.
Not being bloody minded, but if they come out with a dividend announcement or the market somehow gets wind of it(its, er, funny how prices move before the announcement isnt it?) there will be a smell of fire from burning shorters who got in a few cents higher. Is the red dot moving towards their heads? We will know quite soon.
Meanwhile what an opportunity to pick up a few now!
Ta muchly, shorters and all the dumb computers out there.
The old CER, now that the big short term risk of forced asset...
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