Afternoon trading September 6, page-51

  1. 32,609 Posts.
    HYT. Look at it objectively.

    Punters jumped in from 2c level altho it appears from volume to be more like a pump. Then SP gets smashed back down again so anyone left holding the bag is losing.

    Nek minit it flies over 5c so all the desperates can dump and get out.

    SP quickly retraces to 4c level with little volume but still an out for some holders.

    With no news why would you think it's worth buying at these levels?

    Just a low prob punt and not much margin in it anyway?

    That's how you deplete your capital.

    https://hotcopper.com.au/data/attachments/6439/6439202-bfb0634be8e5d27870b898708cf3ed31.jpg
 
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