If a poll was to be conducted to wazuans today on the direction of safcom share price, the larger % would indicate downwards something like 70% bearish and 20% bullish and 10% neutral. Now the best time to board this bus would be after July when CCK implements the interconnection fee cut and another price swoon would see it at 3/- or lower.
When the poll reads 90% bearish and 10% neutral that's the time to bet the house for a rally and the volume spike will tell you so.
This is what I am looking for as a trader in Q3 2011 on this counter before they announce their H1 2011 results in Nov. I'll signal this move when it happens. In the meantime watch May 17th and 19th volumes.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!