buying opportunity?, page-7

re: buying opportunity? game is rigged What a difference a couple of weeks can make - back on 10 Nov I posted


Subject re: buying opportunity?
Posted 10/11/05 12:00 - 112 reads
Posted by Ocker
IP 144.132.xxx.xxx
Post #785243 - in reply to msg. #785234 - splitview

Typical fund manager selling style, and I don't reckon they have finished yet.
I would want to be sure they have done their lot before jumping in.
Apart from this I really cannot think of anything warrants the crap being kicked out of the price.
Confirmation of outlook will come at the AGM on 23rd


VGL was trading $1.25 at the time of that post -
1. the "crap" was being kicked out fo the stock because someone had wind of an impending 30% profit dowgrade
2. Todays AGM provided no joy at all, with the stock down over 10% for the day

Fund managers are still caught well and truly long, with no chance of getting out. Ah well, its not their money is it (lol)