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Drumo

4,260 Posts.

103

24/01/16

14:45

Post #: 16859111
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Originally posted by TheArchitect ↑

Saw it coming too but the FA on SRT acquisition caused many to jump on board here, if SRT ignited on opening and ran hard then WPI would have too and TA would have been thrown out the window.

If the SRT acquisition wasn't here and WPI was climbing like this then yes would have been a time to sell purely based on TA, but calculated risk was on SRT going sky high. Sometimes FA gets in the way of TA and TA gets in the way of FA.

I took some profits in the 3s from my parcels bought in the 2s and even a small parcel bought in the 3s sold in mid 3s.

Essentially many banked on SRT rocketing first day. Had the SRT acquisition not been coming WPI would still be sitting low 2s with low volume simple as that. Both stocks charts are quite similar, if SRT starts running in the next few weeks so will WPI.

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Interesting sp movement after SRT announcement here.

Games at play, we will move independently, such a tightly held small register.

Fomo will arrive soon, MW the successful deal maker will deliver a successful acquisition IMO, great opportunity for an astute businessman and a cashed up shell in this current environment. GLAH

WPI Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
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