Betcha Tonight/morning both Toronto and Frankfurt will be finishing GREEN!(my predition at midnight).
Yes, so what gives. The announcement that was highly anticipated and mega involvement with BUYS over the last 10 days knowing that it would be EXCELLENT - so was given a RASEBERRY on ASX!
Well as most long termers were shaking their heads in disbelief I would say it was a perfect setup 1- By day traders panicing and 2 - someone (or more) were playing the usual setup of selling quick and then slowly picking up the usual million or so cheaper stocks. 3 - asx having a red day 4 - No big buyers yet because the news will take a few days to recirculate around the world. BUT anyways us long termers know the true worth, wait , patience and collect the booty. May announcement(s) in a couple of weeks or so hopefully as to the BIG DOLLARS.
MOL Price at posting:
87.0¢ Sentiment: LT Buy Disclosure: Held