Most of the Comsec/Etrade Day traders are T+1... buy today, sell tomorrow, no change of money required....
Smart money just sat there today accumulating the T+1ers at 14c.... you would have seen the sell stack lighten up in the last 30 minutes or so as the moved there orders down....
Often you get a good bounce up the following day as the short termers have bailed, leaving the fundamental investors to push the price back up as they buy.
Sometimes you see the bounce on T+2 days, sometimes on T+4 days...
HTX Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
