So called experts using what has happened (hindsight) to tell you what's going to happen. Weirdo behaviour, maybe, also mixed with greed or other agendas.I know how much you like MS, but they with a few other investment banks called the bottom early last week, which could be why the noise has intensified over the week.
We see posters informing us they have lost money, so it must go lower, beacuse they sold. But's what's interesting is they are considering buying back, in the low 20's or lower. Now, anything is possible, but, if the company traded at 15 cents, the sector risks would have to deteriorate by a further 90% from today. If so, and trading at 15 cents, somehow the company is a goer and will survive, yet at 30 cents its a dog and wont. Two opposite ideas are joined to create an effect.
The sp has taken almost 3 weeks of trading to fall 1 cent, but now it's going to hell in a handbasket. Considering the number of shares traded between 29 and 33, supply for the buyers might be an issue IMO.
Good News & Bad News, page-2169
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Last
$2.41 |
Change
0.000(0.00%) |
Mkt cap ! $7.257B | |||
| Open | High | Low | Value | Volume |
| $2.38 | $2.48 | $2.32 | $71.74M | 29.70M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 186775 | $2.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.42 | 37066 | 3 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |