Mornington , It would be a brave man or woman that would be prepared to forecast where a stock price will be in 5 days , however I am happy to hazard a guess to stay in the game , and its only a guess , Charts say on the rise , Fundamentals are now very good , this stock maybe at the starting point of a strong turn around story , it may well be on it's way to 5 bucks in the short term , but not this week , I will have a stab in the dark and say STO may close around $3.98 aud by COB Friday September the 8th.
Although Mornington , The big driver , the really big driver in this market ( over all ) is Sentiment , I have noted a big swing in Sentiment with STO during the last few weeks. I don't think we are yet on the brink of a large up ward movement , but sentiment changes are often followed by fire works. Lets watch and listen closely during the next few weeks. BTW My average price of purchase on this is $6.75 aud , not a good track record , I bought more last Friday and will buy more this week on any weakness. If it was good enough to buy at 8 bucks , its good enough to buy at 4. My opinion only.
Pa 31.
STO Price at posting:
$3.76 Sentiment: Buy Disclosure: Held