BYE 0.00% 13.0¢ byron energy limited

Compelling Value, page-18

  1. 1,958 Posts.
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    "Solid finish to the day. Very nice!'' matyd

    Better than very nice.

    Big Buying (Instos?) began at 3:30PM. This is significant because bourses, at least in NA (TSX, NYSE, et al.) generally leave the last half hour for the big boys to play. Does one really want to get in their way?

    Second, BYE ended the day at its high. Bullish, any profit taking was bought.

    Third, the volume was good. Better than the last five days.

    On another hand, on 28 September 13.66MM shares traded. Selling smashed the sp to $0.08. That day's low was bought up to $0.091, just a tiny tich of a loss. Is this a textbook example of BTFD from weak hands?

    OV

    VIVA CATALUNA LIBRE
 
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