only a matter of time, page-24

I'm definitely more in agreement with the opinions on this thread now than a few weeks ago:

"hrl register is tightening up i think, the loose shares are going to better homes"

I agree. It was on the basis of a loose register that I predicted a short term drop after the SP initially touched 8c.

I think it's firmed up now.

I think Metal hasn't done badly to sell part of his (i assume?) holding at 8.2c

I don't think we'll see 6.5c again, and almost certainly not with enough volume to accumulate. However, we could well see the low 7c range again, and I'll be somewhat surprised if it doesn't dip 8c at some point.

Having said that, I also think there will be better selling opportunities at some point, although it's impossible to pick the peaks.