HRR 0.00% 4.5¢ heron resources limited

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  1. 3,274 Posts.
    Sell side is thin, but there are no substantial buyers. I'm holding off for the time being: yesterday there was a big buyer in the morning that pushed the price up. This fooled a lot of people who bought in thinking the stock was still as warm as what it was.

    The heat has gone out of this stock comparative to the previous 'spike' days. There are still some stale bulls around, who started to appear yesterday afternoon and started to drop their parcels on market from bids higher up in the queue. Just saw someone drop their parcel from 72 to at market.

    Thing is news could be coming any day, so I'd buy a parcel and stick with it, and have a bid really low down in the 'buy' queue. You just don't know if it could drop to 61 or 62 or even lower, and you've picked yourself a bargain, and got a lower collective entry price to boot.
 
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