the company is seeking the shareholders approval to buy back the company's share. It is definately good as it enhances the value of the present shares traded !
easy.. normally if T4 no people willing to buy with higher price, those people that buy on margin in T1 will have to force selling if they do not pay for it.
on T4 before noon, broker house will force selling for their client if they do not receive payment from their client.
i dont, but that just how it go, these kind of people call contrarian , most of them just want to make money out of the air, u can ask someone else as i do not know how to explain to you.
anybody who try to make money out of thin air more often than not likely to suffer from hypertension, tension ,anxiety and might even have mental break down if take up too many positions when the market goes south !
TA reading +DI(14):27.32 -DI(14):23.02 ADX(14):52.05
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Posted by Jolly Mypet > 2012-06-08 09:17 | Report Abuse
Breaking out today ?