I think sometimes the contributors over anaylise things,
Why did the price drop back?
Perhaps many traders did what i have done
Purchased at 19c - 20c sold at 27c as i thought it was due for a pull back.
I was wrong, purchased again at 27.5c sold at 37.5c because i am unable to read this market and prefer to miss out on some trades as opposed to being greedy and turning a profit into a loss (i have done that before)
I think that many traders are doing the same thing and that is why the stock fluctuates so dramatically.
I will be buying back in when i sense an upturn
Simplist yes, but i think the answer is that simple
down sentiment, page-20
Add GMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$37.50 |
Change
0.410(1.11%) |
Mkt cap ! $71.68B | |||
| Open | High | Low | Value | Volume |
| $37.05 | $37.74 | $36.79 | $113.4M | 3.028M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5320 | $37.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.51 | 2252 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| GMG (ASX) Chart |