RE: RE: 5p going .29 Nov 2024 09:55
A pullback always happens with shares following a big move up as sellers take profits etc. However, now OMI have had a big turnaround and things are looking way better than before, i expect there to be strong demand for shares over the coming days. The sp is still very low and has just started the recovery. The sp can move very quickly and lock people out who are trying to trade the ups and downs. The spread and MM tactics will make this difficult to trade successfully imo. I remember how quickly the sp got into the 30s plus when Newmont came in and sentiment was high. With sentiment improving the sp is due a big re rate imo.