GREY:YSSCF - Post by User
Post by
westaussieon Oct 07, 2005 7:28am
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Post# 9669157
WHAT A LOAD OF RUBBISH
WHAT A LOAD OF RUBBISHBuckjumper :- I do not usually reply to a post in this manner, but I cant help myself.
WHAT A LOAD OF RUBBISH
For one thing THX have little chance of losing the case with Sally Malay. I agree on one thing the cost of action in these types of disputes are not cheap, the loser will pay, but THX Directors had no choice but to defend this miscarriage of justice. SMY’s bank feasibility was not acceptable and in my opinion not valid.
Now to your suggestion that Thundelarra are selling ALZ. I repeat WHAT A LOAD OF RUBBISH. THX would not sell one of their prime assets, and if they were I would have heard.
I would suggest it is probably the opposite, not so much THX in itself selling but close supporters are buying.
You mentioned a high turnover of sellers. I have done a quick calculation of the turnover this past month, some 2,250,000 shares. “Doesn’t that tell you something?” For every seller there is a buyer, and with that amount of sellers a couple of months ago I would suggest the price would not be where it is today.
A lot of time the buyers have been taking a rising share price. Does this mean anything? I would suggest ALZ have supporters who are picking up the sellers. I have been watching the buyer brokers code, a lot of Ausssie have been buying.
Who are the sellers? It could be anyone, people buy and sell shares all the time, they hold stock, get a tip on another stock, sell say ALZ to buy the new tip. Buckjumper if people do not buy or sell we would not have a market.
You may wish to research when the last placement of shares were available for sale, I think you will find they can now sell and it maybe that some of the sellers are in fact the placement holders taking a profit.
On a brighter note :
I have heard that the prime target claims in Northern Territory are granted and the two in Western Australia a days away from final approval.
What this means Ladies and Gentlemen is that ALZ will own all the Uranium in the ground on these claims and this is pay dirt.
For the short sellers, beware, ALZ boys are good operators, don’t fall in the trap of thinking what you see is all that is happening.
Hang in there.