POZ 0.00% 6.0¢ poz minerals limited

while i maintain i like the stock, i will re-iterate the dangers...

  1. 27,563 Posts.
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    while i maintain i like the stock, i will re-iterate the dangers of the short term sp movement.

    With the general market in decline, those who paid 20c, will see bargins left right and centre shortly, and will have bought elsewhere and need to sell something profitable to capitolise on the bounce of their new aquasitions.

    Alternatively, they may be looking to balance their books, by selling poz to cover their losses.

    Either way, it's trouble for the star performers of the last month.

    wouldn't suprise me to se 40c, but would equally expect return to highs once this market nervousness eases.

    cheers
 
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