Nice day as we saw some good support come in at 25cents.
What I was more interested in was that people were quite happily buying at that level. The seller could have been a shorter offloading some.... :-) not naming people here.
I opened up a small LONG position and will see if we get some panicked sellers tommorrow for an opportunity to buy.
I am fairly bullish as things appear to be turning the corner. A good stock to watch which has been struggling is Allco. Now 50cents which shows that you appease your creditors and the the buyers of your stock will follow.
Centro keep offloading real estate at this rate and a corner could definatley could be turned.
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