Australia's largest stock trading and investment forum Australia's #1 stock forum

TFC

Click for more information

7.42%

$1.31 tfs corporation limited

Not that I'm lining up to throw eggs, but I dare say someone...

First 10 Last

Share
Profile

Follow
aclemence

109 Posts.

1

05/09/16

16:36

Post #: 18940794
Share

Originally posted by Lies&damnlies ↑

On the 30th of August I posted that I thought that because of the shorter's play we may easily see TFC's share price fall to below 1.50 and a chance of 1.45.

I admit with the good announcement of a 50 million contract over the next couple of years for the oils that I thought the shorter's had been kicked in the groin. I was rejoicing .

They ran over than announcement like a tank over a speed bump. Great announcement but with they orchestrated minute by minute trading managed to drive the price down by 2c to 1.52.

Just recently there have been dozens of post recently with analysis of intricate data about the good future for the company. I don't dispute the data or analysis at all.

But the overriding factor controlling the future short/ medium/ long term price of our shares is there thief in the house stealing from all who live there. Some will leave and other will come in so that they can steal from a new set of victims.

On this site it's crazy to make predictions either on a long/ medium/ short term or insanely on a very very short term basis.

Lies is insane.

Long term. The shorter's can't make money on a regular basis if they keep the share price down forever. So their plan is to continue force the price down to trigger panic of some decent volumes with stop losses in place and others who have had enough and just bail out (should be well under the 100EMA) my suggestion 1.35-1.45 would fit. They also want profits from buy at cheap prices and then orchestrate a surge, lovely capital gain. The final price well over 100EMA around 1.70s. They have to set up for the next set of plundering and chicken plucking. When, They are in control that but at a best guess in Sep/October. Then it all begins again with lows Nov/Dec.

Medium term. Much the same with an upcoming low in early Sep and then a peak Sep/Oct for the set up for the next plucking.

Short term. After the tank wiping out the speed hump of Fridays great announcement I think my 30 August prediction of a low of maybe 1.45 is way to high. I see low 1.40s and even 1.30s on the cards. .When over several trading days

Finally Lies is insane.
Very very short term. Tomorrow Monday 5th of September. What idiot would make a dramatic guess on one days trading?

Well here's the logic. Fridays announcement was made early in the day. The shorter's minute by minute plays managed to force the volume up to 2.5 million shares (they may have been involved with 40-50% of those trades) and finally managed to force the price down to 1.52. A 2c loss on the day of a great announcement.

With the US Fed making an labour force announcement early Saturday our time they correctly thought that the international players wouldn't interfere with their play.

Tomorrow most international players will be out of the markets and still digesting the lower than expected labour force numbers. It's Sunday their time.

What better time for our shorter to have a big one day play on Monday our time. Rather than playing for a low over the next week or so enabling international players to digest TFC 50 million oil sales announcement, why not do a great big shorter's one day play while they are out of the market.

How big? Big. 1.30s- low 1.40s not out of the question. It will be easy to check out if my predicted play is in action just by watching the morning trading. The prices will be fluctuating wildly all through the day. These boys can easily swing a 10% drop from 1.52 at some time (that 15c at maybe 1.37) during the day if they come out to play. . Whether they try for a 6%,8%, 10% , 12% or 15% drop only they know.

If it eventuates be assured it will not close at the low. On this sort of one day play (if it happens) they will be accumulating at the towards the end before the international player come in on Tuesday our time.

What to do? If your keen to get in at a good buying price. Set your self a price that you would be more than happy to get in at and then lower it 5c or if you not sure about getting in at say the low 1.40s or high 1.30 set an outrageous price. If it doesn't happen it doesn't happen.

Caution its not a good idea to wait to pick the bottom. If it happens the prices gyrating wildly. Decide around the middle of the day what price you would be over the moon at getting in at and set your trade.

I may have egg all over my face by the end of trading tomorrow. But I think these greedy sods will not be able to resist after their Friday success.

Expand

Not that I'm lining up to throw eggs, but I dare say someone read your post and decided to hold off on their plays for a little bit, just to throw you off.

TFC Price at posting: $1.52 Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

There are more pages in this discussion • 22 more messages in this thread...

First 10 Last

Add TFC (ASX) to my watchlist