a bit negative = big positive?
Quote:
Originally Posted by
Joshuatree
Low $1.58, high $1.635 so far today ;tracking up as the day goes on 1.3 mill shares through. Maybe FOMO setting in ahead of tomorrow.
Yea... and I heard over on hotcopper that there were some big long positions taken yesterday and the day before... maybe the whispers aren't that bad?
Every other financial stock (about 15) I follow on the asx are in the red - FXL is fighting a hard and lonely battle being in the green - a nice (and slightly relieving) switch around from a few days back.
Quite frankly, anything better than a 'very negative' update tomorrow (which a substantial share price fall in the past month and a half would suggest is about to occur) should be positive for Flexi - and although in the past day or two it has bounced a bit, it is still trading at ridiculously low levels (eg still below 7 PE).