FFX 0.00% 20.0¢ firefinch limited

15m buyer, page-47

  1. 11,400 Posts.
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    The good thing about today is that the AVERAGE trade parcel is $4500.

    In a normal P&D in a smallcap stock, you see an average of $1000-2000 usually due to several factors:

    -retail investors getting sucked in
    -no large orders from 1 trading platform (too obvious)
    -they need to stimulate buying on several key levels to ensure momentum prior to dumping at the top. No momentum means too illiquid to sell at the top..

    These things combined usually lead to small parcel volume.

    $4500 as an average means there must be a lot of $10k+ parcels to average the $500-$2000 retail parcels which would flood this type of rise.
 
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