took a small position today and will wait for Monday's confirmation of direction before topping up.
Some oustanding stats on today's action:-
Relative Analysis First Listed: 25-02-1998 Record High: 0.502 Record Low: 0.014 Record Volume: 55,371,561 6-month High: 0.046 5-day EMA: 0.025 10-day EMA: 0.025 15-day EMA: 0.025 30-day EMA: 0.026 Avg Volume: 1,465,175
Snapshot 18-01-2008 17:13 Last Traded: 17-01-2008 Last Price: 0.025 Ticks: 0 No. of Trades: 117 Volume: 29,971,242 Opening Price: 0.025 High Price: 0.027 Low Price: 0.023 Buyers: 0.024 (10,294,824) Sellers: 0.025 (8,506,065)
With nearly 20 x the ADV traded today but the price very conveniently held at 0.025 this smacks of a pending announcement. Remember guys, "they" may be able to control the price with caps and props but "they" cannot hide the volume.
As above, I will top up after confirmation of direction.
cheers kse3137
Disclaimer: All data reproduced with permission of turbotrader.net.au
NSL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held