PSP 0.00% 0.1¢ prosperity resources limited

stale bulls

  1. 5,893 Posts.
    There's more stale bulls here than in a country show stock yard, on the last day of the show!

    Whoever these bozos are, they have no idea how to sell into an announcement.
    They absolutely killed Monday's momentum by continually overstacking the sell side instead of drip feeding stock into buyer demand.

    Consequently the buyer demand has virtually evaporated for now - as have their prospects for offloading stock.

    Nonetheless, I like the story here and am waiting to top up (from recent lows), when some of these sellers have been soaked up a bit more.

    Technically, there's a gap at 20.5 that needs to be filled - although by the look of things that may take a while.

    Looking forward to a stream of good announcements to come from current and future drilling programmes. The sooner the better :)
 
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