Being a highly speculative stock, EPY is also being manipulated.
A great deal of negative sentiment is coming from traders who bought in when it hit the high 50s and 60s.
I don't know where EPY will be in the future, maybe China will fall through and the stock will sit at 3c forever or maybe it will pull out and recover but suffice to say THIS INVESTMENT LIKE ALL OTHER SPECCIES CARRIES RISK.
Now, another issue: Why did the stock go from 17c in Feb 2006 to 66c in Dec 2006? Hype.
Promises of riches aplenty.
Why did it fall? Insiders getting out slowly (including me, buying in at 17.5c and trading out on the way up through luck more than skill). Smacks of manipulation to me overall.
Sure I'm hurting now but I've been LUCKY - not WISE with this stock.
So revenue is down 85%! Gee at least they're still making something as opposed to all the tiny uranium stocks that are heavily in debt, on the verge of financial ruin but announcing that a rabbit crawled out of one of their holes with a slightly yellow nose and the damn thing runs 50%.
You make a good point Aviator about fiction. Most of the stock market belongs on this shelf.
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $51.84M |
Open | High | Low | Value | Volume |
19.0¢ | 19.5¢ | 19.0¢ | $22.21K | 116.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 0.185 |
1 | 70 | 0.180 |
1 | 200 | 0.175 |
1 | 30000 | 0.100 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 200000 | 1 |
0.220 | 47000 | 2 |
0.255 | 32400 | 1 |
0.300 | 119163 | 1 |
0.000 | 0 | 0 |
Last trade - 13.08pm 12/09/2024 (20 minute delay) ? |
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EPY (ASX) Chart |