The share price will continue to have these large swings. Us retailers, thats right mums and dads hold a very large proportion of the shares on issue.
The big end of town know the future potential. The only way for them to aquire large holdings is to buy on market. They like the rest of us want in at the lowest price.
They know that many only judge a stock on price. They also know retailers clammer to get in when rising and the herd mentalaty fight to get out when the price is falling. Instutions do the exact opposite. They use every tool in the tool box to acheive their end goal.
An instution has no emotion as they are not a person and the ones controlling know that. It is not the controllers money so show no emotion.
They short thats right sell shares that are in industry funds that they have borrowed to send the price down.
Brokers encourage stop losses being set. Why would they not, they can see the price they have been set at and aim for them.
We are aiming for every devise on the planet. They know that and want in. They are not going to pay any more than they have to.
Not financial advise just how I see it,
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Last
$2.09 |
Change
0.020(0.97%) |
Mkt cap ! $396.8M |
Open | High | Low | Value | Volume |
$2.08 | $2.14 | $2.05 | $918.1K | 437.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 16081 | $2.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.10 | 5579 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15081 | 2.090 |
1 | 13683 | 2.080 |
1 | 1584 | 2.070 |
2 | 16260 | 2.060 |
3 | 31338 | 2.050 |
Price($) | Vol. | No. |
---|---|---|
2.100 | 5579 | 2 |
2.110 | 57802 | 9 |
2.120 | 56534 | 9 |
2.130 | 41000 | 4 |
2.140 | 53929 | 6 |
Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
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