it is like th WDT STORY., I COULD FALL TO 70C I THINK..it is not looking good., when director selling big parcels
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it is like th WDT STORY., I COULD FALL TO 70C I THINK..it is not looking good., when director selling big parcels
Stabilization,what a wonderful thing:cool:
Chart history depicts strong support between 115c and 120c. We are touching on that now. A purchase at today's prices with a stop loss at say 113c would IMO be a fairly safe bet.
(whoops - not 'bet', I mean 'investment'...my trading bias is showing).
And yes, it would not be surprising to see a large crossing sometime soon, which would again confirm that it's buy time.
BC
Boing, panic over...
The gradual decrease in the share price has occurred due to no news, when the decrease is due to news then it is time to start being fearful. I bought in some time ago and sold enough shares late last year @ 159c to return me my entire initial investment, the remaining 60-70% have remained in my growth portfolio and will sit there for the long term.
In saying that, anyone who follows the entire biotechnology sector recieved a sharp reminder of how quickly things can go pear-shaped. PBT.ASX Prana Biotechnology (though at a different stage of development) had risen over 500% during the last six months and with one swift announcement of trials not delivering the results expected/hoped it dropped all the way back to 27c from 120c just last week. I am unsure if this has had any negative effect on PEB.
Heffner
Dont you just love the volatility in this share.
Up, down, flying around, looping the loop, etc
Disc: All belted in and holding on tight.:)
Use F.A. to pick the stock and T.A. for the timing they say. Fundamentals haven't changed. So T.A. gurus, is this the correct timing to buy?
Hope you can hang on tight cos if the possible placement doesn't come to pass then we may see this for days.Hope it's not like one of our other favourite stocks where every time the buyers built up,,,bang! Another selling rush.Can anyone tell whether it's the same broker selling the larger parcels at present.??
Everyone on this thread is completely bipolar.
You all go from happy to angry to sad... Someone please post a picture of that flow diagram with investor emotions..
Just calm down please.