Southcorp Capital Inc (STHC)

[chemist72]

My own predictions for STHC from 12/28-12/31.

As most should know, this coming week is shortened to 3.5 trading sessions (a half day on Thursday).

Disclaimer: I generally don't make price predictions, except for my own entertainment. Also my price predictions are generally WRONG. LOL

Monday will likely set the tone for the rest of the week. I also expect significant volume on Monday.

So with Monday being crucial to the action for the rest of the week (imo), what are the possibilities?

1) Share price re-tests $.06 on Monday and then breaks out over and continues climbing the rest of the week with minor consolidations.

2) STHC re-tests $.06 on Monday, but fails to break over that level. STHC then retraces and consolidates the rest of the week. A consolidation down to about $.045 is feasible.

3) Consolidation either with or without a re-test of $.06, but then a run on New Year's Eve back to $.06 and possibly above $.06.

4) STHC trades basically flat from about $.045 to about $.058 for the entire week.

5) Any news or further changes on their OTC webpage and all the above scenarios are null and void.

I lean towards scenario #2, but like I said, I'm usually wrong! LOL

Wishing all STHC longs a Happy and Prosperous New Year!!