RE: Bonker5 May 2016 16:24
I had a 70p target yes but with respect mate, I don't do "last chance to ......." stuff lol
47p cos the "ultimate" trend line is there right now and this just gapped down horrifically the other day which often implies a sizeable drop to follow - just my shout but I won't touch it unless it hits that in the next week or two ...
I gotta say though folks, that I also have indications of it seeing the 25-35p range too so even at 47p, I'm treating it as a trade (back to 62p??) rather than the defo bottom ...
I've no idea of course what is causing this almighty drop, other than one of Blackrock's legendary sell-offs, but you've only gotta glance at the chart to see how well the cork may bounce once it's finally hit the bottom ...