MRM Chart - Positive, page-105

Managed to sell all my stock at one of my brokers but it took all day. Looks like it will take me a while to sell the rest if I want to minimize my $8k two day loss on this for being too positive on it's ST outlook. Will assess again tomorrow. vwap up slightly today and the algos wont like that.

Anyway, the risk I see is that this could get dumped from the ASX300 in the March rebalance due to the share price losing 2/3 of its value over the last year. The gray area is that with the general commodities decline in the last 6 months there are 45 odd stocks with similar declines in that index that S&P could dump due to market cap decline and liquidity (volatility) issues. Are they likely to dump more than 30? probably not as I think that would be a record. I have it in my mind (and this is clouded be the deliberate mis-reporting of shorts) that the shorts could be hanging out for the company to be dropped from the ASX300 and then close out on all the mandated index fund selling.