9SP 0.00% 2.0¢ 9 spokes international limited

Ann: Successful placement and issue of shares, page-10

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  1. 494 Posts.
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    What I meant by that "coffee comment" was that you should be buying in an uptrend. 9SP has been trading below the IPO price and is now almost trading below the recent CR. There's been nothing but selling pressure. This is the market saying that something is wrong with this stock. If a positive uptrend occurs and if there is more commentary in the news, that is the time to buy. Basically what I'm saying is that you should be buying it when other people are buying it.

    The real "test" has yet to begin. I'm going to wait and see if they can capture the NZ market first. If it passes that then I'm in.

    I do agree that Xero never cracked the US market and never will.
 
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