why the abnormal sell off. of HZR., page-24

Just to clarify, Brent, my apparently contradictory comments.

I think the evidence suggests that there is selling still around. I was out of the office on the opening today, but looking through the early trades it appears that buyers who liked the announcement were hit with stock fairly brutally. Any bounce at present is of the deceased feline variety. The other factor is the onset in coming weeks of tax-loss selling. However, I am continuing to add to my holdings on the basis that at some stage, given a positive new CEO announcement, the bears will, as selfmade points out, run out of ammo. So in the short term I'd be thinking: accumulate around 27 and don't chase them up.

Some cynics would say that a reasonably large sell order at 29 this afternoon might have encouraged punters to sell down late to astute buyers, but, hey, maybe that seller was genuine and has overnight changed his or her mind. A strange world indeed.

Anyway, best of luck, and let's hope it turns out better than our previous "investment" in a very troubled Perth aspiring telco.