abs up 7 percent

"Only when we get above $1.44 and stay there will i think we're doing anything. Till then we're just bumbling along waiting."

Well, we are nearly there now radgegadge. 1.40 up 7%. That's better than a poke in the eye with a short stick!

Kind of looks to me like there are less shorters there now. Maybe Leveraged Capital, Hawkswood and Opes Prime going into receivership has taken a few shorters out of the market!

ML daytraders and short sellers were like flees on a dog around ABS ... thats why the sp has not been reflecting the fundamentals ... zap gone ... good riddens ... cheers ...