1. Most Discussed
  2. Gainers & Losers
TIS 0.0¢

TIS Chart

  1. DrSeuss

    14,059 Posts.

    Weekly: Strong technical support at these levels going back to 2013 - further evidence by the buying and pitchfork support. A low risk entry zone IMO.

    TIS WEEKLY 13 FEB 2015.png


    It never ceased to amaze me that when we see massive volume days on falling prices, the chatter is always focused on who is selling. Well I'm afraid - that is serious buying volume. Who was it that opened up the bag to collect all of this unwanted stock from retail investors? And then the volume comparatively disappears.

    I see that the frenzy reached a crescendo in the few days around the record date for a SPP. Clearly retailers were banking cash for their entitlements at 21c. So this is why yesterday's drop off in volume is key from a low risk entry point of view.

    The question remains - who was buying all of that stock post record date? ;)

    The volume will be interesting over the coming days. Yes this is underwritten, but I can bet you that the underwriter will want to underwrite as little stock as possible.
    TIS DAILY 13FEB2015.png

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.