I asked an experienced stockbroker today for his opinion on why Qantas was in such a strong uptrend.
hehe, you could just as reliably ask a palm reader.
Oh dear, you have missed my point completely. The point is that stockbrokers know better than anyone what is going on in the market. They know who is buying, and sometimes why, they are a mine of market information. If you choose to ignore their influence, then you are ignoring 90% of what makes the market what it is. Did you read what I wrote about JP Morgan? They are very big brokers, owners of 25% of Qantas, and have massive influence on the price.
Palm readers indeed, give me some credit...
EK pushing out QF, page-14
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Last
$6.92 |
Change
0.080(1.17%) |
Mkt cap ! $10.82B | |||
| Open | High | Low | Value | Volume |
| $6.88 | $6.97 | $6.88 | $50.32M | 7.268M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 253446 | $6.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.94 | 71835 | 9 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| QAN (ASX) Chart |