My entry price was around average 70 cents some time ago and then its SP went up to 88 cents and then now close to 70 cents again even I added or reduced as per market situation since.
I feel it is something like definitely artifical.
Excluding all negative factors/variables towards OST including official denial of OST by POSCO's spokesman some time ago by genuine or tactical response, all of sudden it reminds me previous POSCO concerned personel saying that
"At present deal is in progress under confidential and there are many variables in a deal. Actual negotiation and deal will be held in first half of 2012."
The best way to find what is really going on is to check movement of 'Merrill Lynch or RBS' or major shareholders such as HSBC, JP Morgan, NAB, City etc.
As I do not have any personal connection to above them, I will be happy if any memeber who has inform us any findings.
Regards,
OST Price at posting:
71.0¢ Sentiment: None Disclosure: Held
