VAN 0.00% 4.7¢ vango mining limited

selling pressure building, page-10

  1. 273 Posts.
    Hope you managed to get in sck, it dropped all the way down to 9.8c and that 'selling pressure' has pushed it all the way back up....

    With the buy/sell ratio.....whilst it doesn't look good the sell side hasn't really changed. It shows that the holders are holding strong....not being forced (bluffed) into selling or into dropping their sell price to match the buyers. It might also be some holders waiting for the price to jump and have put in their sell orders....when news arrives (tomorrow, next week or next month) it will be interesting to see what happens with the orders.

    At the end of the day whether it finishes at 9.9, 10 or 10.5 for me, it doesn't matter....holding for the longterm....its already a one bagger, hoping to turn it into a multi soon.:)

 
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