Is it a 'joke' or is it 'real' Melchlor?
After our (this time) sustained rise from circa $1.10 to $1.50, one could be excused for thinking that the 'Lanstead' theory was correct (and in opposing it I was incorrect).
However, now the dust has settled, it appears obvious (to me) that substantial demand will only re-occur down around the $1.10 level. That is where she wants to head. No subversive manipulation, just plain old 'real' market sentiment. That is where the market assesses current value.
I again claim the 'Lanstead theory' was incorrect. Nothing is going to change overall market sentiment on this apart from major locked in advancements. They will likely come, but are limited in number and nature.
Lanstead Selling ., page-105
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$15.59 |
Change
0.380(2.50%) |
Mkt cap ! $1.992B | |||
| Open | High | Low | Value | Volume |
| $15.51 | $15.82 | $15.46 | $11.26M | 722.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 696 | $15.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.67 | 6942 | 8 |
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