theres a lot of companies out there who have a holding pattern similar to PBL eg TAH and AMP (i am following these ones). Whenever i've seen a similar event occur, as with PBL hitting 9.95 five times now and being rejected, the subsequent break is fast and hard. PBL is going one way fast IMHO. With all the changes in media owner ship i think someone is just sitting on 9.95 and gettiong rid of their shares slowly. PAcker has heaps of cash stashed away and i reckon he's going to purchase something soon. Gaps left behind at 8.50's will be filled i reckon.
Kman
theres a lot of companies out there who have a holding pattern...
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