PEN 4.76% 11.0¢ peninsula energy limited

Ann: Feasibility Process Underway at Lance Projec, page-34

  1. 15,022 Posts.
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    re: Ann: Feasibility Process Underway at Lanc... If people dont think there is manipulation in this market and on many stocks we trade their kidding themselves! We're not talking about 'conspiracy theories' that run to the top of society but traders use accumulation tactics, sacrificing some stock at times to by more cheaper. Marking the price down during trade or in the closing auction, or as simple as capping the price to buy more lower. Perfect example of that was this afternoon at .048, someone dropped 2m shares for sale at one stage and people sold into .047 and then he presumed to lift his order as quickly as he put it there. Its normal not surprising in the least, maybe frustrating at times but if you can see it happening at times it is a buy signal on quality stocks.

    I actually was calling such on PEN over the last week, not that I am anything great but it was apparent to me something was up and was happy to load up while it went down. Its what traders do, and now watch them buy up PEN tommorow already having their fill at lower prices! All is good for this company you cant deny the facts. Happy trading people, and all just my mixed up opinion!

    Cheers
 
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Last
11.0¢
Change
0.005(4.76%)
Mkt cap ! $350.4M
Open High Low Value Volume
10.5¢ 11.0¢ 10.5¢ $1.540M 14.39M

Buyers (Bids)

No. Vol. Price($)
23 4155665 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 4142147 42
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Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
PEN (ASX) Chart
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