GOE 0.00% 2.7¢ go energy group limited

I hope everyone loaded up today...It was good buying in the low...

  1. 15,276 Posts.
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    I hope everyone loaded up today...

    It was good buying in the low 30's.

    Given the volumes that went through, it seems just about everyone jumped ship today...lol...what does that tell you?

    In case you can't work it out...stale bulls are gone, short-termers are gone, long-temers are gone, spp shares are gone...or at least a good proportion of each.

    I suspect all those loose shares are now in the hands of the Germans.

    Probably more shares changed hands today than are in the market...I suspect a few may have over traded it?...as such, not much overhead in the way above 35c.

    Interesting action today...it was a bit like playing the pokies...not so much the gambling aspect, but the man versus machine side of things...hard to beat those machines.

    Also...I don't know if anyone else noticed it, but the "computer" seemed to run out of stock today, with the "automated" selling sytem stalling for a period before a few quick buy lines went through to replenish the selling reserves.

    Just conjecture, but thats how it looked.

    Obviously the "downside pressure" program was run today around the 10:30 mark...it works pretty well doesn't it?

    Can't wait till they are completely set and finally decide to leave the "upward pressure" program running for a few days.

    For those concerned, today is almost identical to many of the initial days in DYE...obviously there are no certainties in the markets, but it looks a pretty good bet to follow in DYE's footsteps going forward.

    Lots and lots of overhead was removed today..if they want to take it higher, it shouldn't be too costly for them to do so.

    Cheers!
 
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