re: Ann: Inmarsat Approves First Two Mileston... No not a...

re: Ann: Inmarsat Approves First Two Mileston... No not a sausage... got stopped out at cost a some while back.

Well I was bullish a few days back based on the strength of a 1st spike a few weeks ago and pull back to retracement level, consolidation and the pull away again with 2nd solid spike in price , positive Ann, and Asc intraday triangle and also a heavily weighted buyer seller ratio to the buyer side. A compelling case at the time... ...Weight of evidence and balance of probability...

...since then the world market sentiment has changed dramatically. Spike has retraced completely as a result of panic selling, Asc Triangle has faded, buyer stack and shape has weakened and changed considerably... Almost all stocks in decline ... Again the hand of probability has swung away... There is just to be too much easier money to be made else where Atm...Phrase flogging a dead horse comes to mind. I doubt the will be much life in many horses for the next 6-8 weeks.

But you keep on whipping...you might get a kick out of the old girl yet (..Doubtful in this market).

As for me ...I see better bargains everywhere I look...

Good luck with your 0.006c holding ... Maybe I will check this thread in a couple weeks to see how your prediction went for light some entertainment.

austa la vista