GREY:ENGFF - Post by User
Comment by
travelnutteron Jul 02, 2008 11:14am
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Post# 15249619
RE: last at $2.55
RE: last at $2.55I'd love to see your prediction proved correct but I think sp at day end is more likely to be in the 2.40-2.50 range. Volume is building nicely and may hit 1 million today but we tend to slide down in late afternoons recently as momentum players sell for quick penny profits. I'd love to see us push over $2.59. That would be a very strong technical signal to the market, IMO, and we would see solid buying at that point. I think Bank was right when suggesting that there are strong rumours out there now when you look at trading patterns of last few days. I would be amazed if Namibians can keep info from leaking out for very long if news really positive. Too many players involved. Lets hope for a good end to the day. GLTA