As I have said before, paying out big special div was the problem with sp crash. They should of paid out half or a third at Christmas and the rest later on about 3 months after normal div. to give a bit of incentive and something to look forward to, and the sp would probably be still at $2.10 to $2.20. But on the other hand, good for topping up at these lower prices. Bought 3 lots today at 1.79, 1.74 and 1.715.
I keep waiting for you to run out of money SW----PS that little wink reminds me of the old DIL threadbefore Moosies long walk
At least the Strategy and Revenue guys haven't hocked off the 580,000 shares between them they got today
Shows confidence - waiting fora better price. They good traders those guys
Well well, the Chief Revenue guy has cashed in his chips
Was he worried about getting a lot less in a month or so .....or just he putting a new deck on his mansion (building costs going up you know)
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
flew down to chc from auckland today on the 10am flight. not an empty seat. Looks like those who bought recently are still catching knives. Who knows where the bottom is on this one but the chartists must be having a hard time!
Well well, the Chief Revenue guy has cashed in his chips
Was he worried about getting a lot less in a month or so .....or just he putting a new deck on his mansion (building costs going up you know)
Good grief, what do these guys know? Bet it was a bit annoying having to put up that announce of selling 165,961 shares in the middle of the Bond issue.
flew down to chc from auckland today on the 10am flight. not an empty seat. Looks like those who bought recently are still catching knives. Who knows where the bottom is on this one but the chartists must be having a hard time!
was consolidating at the lows between 1.76 - 1.80 on the hourlies when it broke thats why you got the big fall. 1.80 - 1.76 = 1.71 price projection.
if your a good oil trader then you should catch the bounce in air.
Anyway gonna take me 2yrs now to get my capital loss back on this one since going ex div thats just to get back to square.
was consolidating at the lows between 1.76 - 1.80 on the hourlies when it broke thats why you got the big fall. 1.80 - 1.76 = 1.71 price projection.
if your a good oil trader then you should catch the bounce in air.
Anyway gonna take me 2yrs now to get my capital loss back on this one since going ex div thats just to get back to square.
Technically that's a bad breakdown, putting the 61.8% fib retrace (of the four year rising trend) and 1.76-1.80 in place now as resistance. I have a minor support line at 1.70 then again around 1.55 and 1.35 but those seem well over cooked to the downside without some relief rally in between.
Another thought: now at about 47%! off the high 3.26 AIR needs a 90%!! SP appreciation to get back to that high. Ain't going to be happening any time soon. Biggest worry for the worry worts is this is all happening sans any bloody serious market rout, lord help the SP if there's a market shock or a black swan around the corner.
Technically that's a bad breakdown, putting the 61.8% fib retrace (of the four year rising trend) and 1.76-1.80 in place as resistance. I have a minor support line at 1.70 then again around 1.55 and 1.35 but those seem well over cooked to the downside without some relief rally in between.
Originally Posted by Paper Tiger
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----PS that little wink reminds me of the old DIL thread
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