AGY 3.53% 8.2¢ argosy minerals limited

General Comments & Banter, page-9869

  1. 411 Posts.
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    I’ve no proof and probably no idea, this post is my observations only, but watching today’s PA, I feel this is the attempt by a group taking advantage of retail anxiety after the hype of the PEA. I believe as we are sitting on a major support with lack of buyers and negative sentiment we are in a very good position for a group to forceable push the SP below that support, fear will take care of the rest. I believe AGY announced the delivery of the Pea to prevent a P&D scenario, this resulted in a very flat outcome as the traders weren’t pushing the price, then disappointment by holders expecting a pay day.... it’s my understanding that shorts weren’t easily available for AGY, but I’ve a feeling a group has managed to get some lend. I think it was this group that pushed the SP up this morning to force a retrace where they then add a little weight to the sell via the number in the sell stack and also high volume of low volume trades. Every rise in share price is seen as an opportunity to short. Although all shorts should be recorded with ASIC & ASX, My opinion they’re not, I’m not sure on the rules for daytrade shorters, but is it a short if the buy and close on the same day??? Especially if they are potentially borrowing your stock from someone, who may lend them out without your knowledge ... I believe many of these ‘downrampers’ are connected, they specifically target the key members of a stock, the deliberate miss information causes a change from distribution of quality information to one of defense. These ‘downrampers’ as part of a team, they are the outside of the ‘Trojan Horse’, playing the part of jester and prey on the psyche, undermining stability, they have no interest in intelligence, just disruption. Disruption and destabilizing is what causes further negative sentiment and consequently a lower SP where they put cash in the bank..This is just my own theory after watching the markets for nearly a year across a few stocks. There is no doubt our sp languishes due to the decline in interest for lithium, followed by lack of sentiment, all of which if can be exploited will be. The laws of nature dictate that positive always moves to negative, never the other way around.

    All the above is an opinion formed from my own twisted mind and misinterpreted observations, it’s not intended to break any rules or direct implications...
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Last
8.2¢
Change
-0.003(3.53%)
Mkt cap ! $119.3M
Open High Low Value Volume
8.5¢ 8.5¢ 8.1¢ $136.7K 1.650M

Buyers (Bids)

No. Vol. Price($)
2 56113 8.2¢
 

Sellers (Offers)

Price($) Vol. No.
8.3¢ 1200 1
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Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
AGY (ASX) Chart
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