XAO 0.77% 8,633.1 all ordinaries

Short Term Trading Week Starting: 4 Mar, page-30

  1. 816 Posts.
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    Fark me, few runners but under pressure getting asked some hard questions.

    Lads just broke from mid-session team meeting, absolutely hammered on WTF went on with LON.

    Frank 1st up, (resident bluey) straight to the point, hissing the following;

    “well ya set up an ambush, apply patience but when you strike if you don’t know what’s walking past, well ……. so who was in charge of the FA FFS on LON?” not waiting for an answer he again hissed,

    “well ya don’t see me, lying in wait for 6 hours down by the log then havin a go at a brown snake that just happens to be wondering past, not much of a future in that"’

    Hound thinking he was out of my gaze pointed his bowser at me, thanks mate.

    When a co hits the market with 32% disc CR to market last 30 days average, under the guise of acquisition funding that bears no further interrogation can’t really say much other then point out some of my FA runners, ISX, ONA, RHP, DDR, IMA etc.

    Frank seemed to dismiss this and focused on 2 stocks in the portfolio while green not doing much atm, PBP and CLV.

    Explained the pattern being one of hitting resistance then holding and not retracing under diminishing volume, a ‘buy’ signal. We might even buy some more, didn't mention the PBP buyback.

    The little bloke seemed intrigued by this, he hissed the question “bit like a failed ambush where you have taken a chunk out of your prey but not a success so you just tag along behind waiting for it to bleed out then feed on the carcass?  

    Hound appalled at this but we both agreed yes kinda sorta like that, more quality carcasses that should be followed.

    Meeting closed with Frank suggested the garage being now a democrary of 3 no one’s position safe, things must improve.

    Hound and I talking to ourselves after the meeting agreed he is a tough little bugger but maybe Garage does need a bit more of the reptile about it, Fark me.

    Ps, got in BSM @ .012 on TA yesterday, that’s the hounds area so I’m off the hook
 
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