hi tempomy take is that people will be hesitant to buy upwards...

hi tempo

my take is that people will be hesitant to buy upwards today after such big gains yesterday, and are probably hoping for a retrace.

however i am pretty confidant that a one week deadline for more capital and a 6month expiry on options suggests that this is right on the cusp of something big, and therefore people will not be wanting to sell out so close to a potentially company making piece of news.

also consider that even sophisticated investors are only getting these at 1c, and are not likely to be selling for anything less than the option expiry price.

especially if they have been given a convincing sales pitch,
which judging by the volume of the last weeks i'd say they have

i wouldn't be surprised if we see some more buying this afternoon in anticipation of a possibly big week