Timing May Be Wrong Again

This morning break-out for Welli was certainly telling by the volume done and the number of block deals.

Roughly, we see:

• Two huge blocks of 1000 lot sizes
• One block of 600 lot size
• Five blocks of 500 lot size
• Eight blocks of 400 lot size
• Twenty blocks of 300 lot size
• Sixty blocks of 200 lots
• One hundred and Eighty-Five blocks of 100 lot size

That means big buyers particularly those in the know are collecting Welli dirt cheap.

Tomorrow is Friday and they have bought their fill. So they will allow Welli to fell tomorrow since Dow Jones will definitely be down and Friday is no buyers' day.

I really do not know whether Rashid Tang has any share-price boosting corporate news to announce urgently tomorrow. If they have and want too, it certainly will be the worst time to do so.

Meanwhile enjoy the loveliness of Nicole Kidman in that beautiful gown..........

Heartsong