07-18-2012, 09:59 AM
(07-18-2012, 09:37 AM)admin Wrote: We never really had the MoMo traders behind us, if they arrive, they'll make life even more difficult for the shorts. I think from the last two days, the rumor about having a new whale has gained considerable credibility, if that's now joined by traders it could get fast and furious.
I think people are starting to wake up to the possibility for a Cove-like take-over battle (and if not that, we have parts or the whole of EA to sell..)
Most of the good fundamental news is still in front of us..
If the whale is Mark Mobius, that would bring tremendous credibility. He's HQ'd in SE Asia and concentrates on emerging markets.
Is there more of an emerging market than PNG?
If he's now mopping up the float, we're in GREAT shape.
VS