TSE 5.50% $1.06 transfield services limited

Hunter, thats prop traders at places like Merrills or Citi on...

  1. 551 Posts.
    Hunter, thats prop traders at places like Merrills or Citi on both sides of it, squaring their books. A flatline after a fall and on a bad market down day is a very bullish sign, massive support at $9.50, shorts unwinding thats all.


    On a down day, they tried to short and all they got was 16c at the open in an unaware stock, not a good risk/reward for shorting anylonger. A great risk/reward for buying tho.

    Short Squeeeeeze by Friday afternoon. I'm looking forward to that.

    Sorry about the Gap up call, it was showing all the signs no ?..until mother market gave us a pounding last night.

    Futures look a lot better now.
 
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