I picked up a few more this week as well.
The classic tell tale is when a stock consistently sells above its IPO price on good volume. Tells me its still cheap but being held down by IPO traders. That changed this week, and sure there will be few stragglers left to clean out, but the path is clear. This stock is going north and the majority of sellers have left the building.
Ann: Preliminary Final Report-SW1.AX, page-15
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
