I'd have to agree about the market going after blue sky, I've been of the oppinion for a while that the more vague the announcement, the more imagination is necessary and the higher the sp goes. Companies like ARQ will do very well in a bear market, howerver in this current market where the price can rise rediculously on the wiff of an oily rag, people are going after spectacular gains, thinking that they are normal.
IMO the specs are not behaving normally at all, and it is only a matter of time before they come crashing back to earth just like dot com stocks. The market is not sustainable on captial gains alone, at some point the companies have to start turning a profit, if that doesn't happen (or takes too long) the card house comes tumbling down. When this does happen people will come flocking back to companies like ARQ. in the mean time, chase those spectacular gains if you have the nouse to do it without getting burnt, but make sure you have some smart money in the likes of ARQ as well, as when everything goes pair shaped, you will be happy you did :)
Just my oppinion of course :) nothing wrong with a punt on a speccie, so long as it is remembered that it IS a speccie, and is not investing..... with risk vs reward we should never forget the risk side of the equation, just because of late the risk side doesn't seem to be there, doesn't mean that in reality it has disapeared.
Tony.
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $44.26M |
Open | High | Low | Value | Volume |
14.5¢ | 15.0¢ | 14.5¢ | $92.68K | 639.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 425232 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 1966212 | 38 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 425232 | 0.145 |
10 | 3717884 | 0.140 |
10 | 644132 | 0.135 |
3 | 520699 | 0.130 |
1 | 250000 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 1966212 | 38 |
0.155 | 1634272 | 15 |
0.160 | 351210 | 7 |
0.165 | 138000 | 2 |
0.170 | 25000 | 1 |
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