I see you all have something else to discuss ie Director Sales at the Peak so I'll leave you to it after making some comment on the above posts.
I fail to 'get' how 40 cent buyers who held thru a fall to 8 cents and now still hold at 80 [maybe looking at 60ish] have any relevance whatsoever.
Other than illustrating the 'joys' of long term holding which is having a 'dream' of the share going into multi $ price sometime in your lifetime.
Other shares have[PDN even SFR] so why not this one?
So you long term hold 100,000+ shares bought under 20cents and 'calculate' what you'll do when/IF they hit $5buck$$!!
well,all well and good to buy in the 100,000s under 20 cents but you find it hard to Trade such numbers when the share price rises to $1ish UNLESS there's a Run Happening like last week.
One incurs brokerage then because you have to sell bits and pieces against the Bid.[that's a rambling on Garbalda's piece]
Anyhow,last week's Buyers were of Copper Possibilities.They don't necessarily give a Hang about THX's Uranium or Nickel for that matter.
So it follows that because News Confirming somewhat Copper Potential is,we agree,weeks away?Such buyers will be motivated to Stop Loss on any further weakness in Price and/or on any temporary 'jump' perhaps caused by Uranium Results.ie Sellers outnumber Buyers-->price weakness[Trading 101]
Also last week's 'euphoria' was aided and abbeted by Diggers and Dealers News/Chat/Rumour as well as the Up Ramping posts here on HC.This motivator is Gone now and the Hangover begins.
Short Term Traders will now be watching for a Basing/Consolidation of Price.They won't want to just get in on a maybe Falling Knife.
You long termers will/should be free of them-They [to you] who are a pain,a bother won't be holding up your share price by Buying.Actually they'll be contributing to it's Falling.
So I look forward to your learned,deep posts on the Potentials of THX as a long term investment.Because it's over [imho] as a short term ploy.
cheers
ps-I've never met,corresponded whatever with one boondog,garlbalda.think such comment by you is highly illustrative of your analytical abilities.[apologies if i spelt your tag wrong.didn't take it down letter perfect]
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0.6¢ |
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Mkt cap ! $39.27M |
Open | High | Low | Value | Volume |
0.5¢ | 0.6¢ | 0.5¢ | $2.178K | 405K |
Buyers (Bids)
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---|---|---|
20 | 28981144 | 0.5¢ |
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Price($) | Vol. | No. |
---|---|---|
0.6¢ | 30336058 | 32 |
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16 | 15148647 | 0.004 |
5 | 2362355 | 0.003 |
8 | 9070398 | 0.002 |
10 | 48292037 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 30336058 | 32 |
0.007 | 28936348 | 17 |
0.008 | 13186005 | 10 |
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