Explanation: The penny-dreadful lifecycle
1. Screw the price down whilst buying back into cheap stock over a few weeks/months so that some have/forced to sell or want to chase something else with their dormant money
2. Ramp up some excitement on some pending announcement
3. Ramp up the excitement even more on some pending announcement
4. Devise and promote some coincidental dot-joinery
5. Spruik the next announcement to the stars on the promise of riches for evermore
6. Read the announcement and spruik hard again
7. Sell fast
8. Wait for the scared to exit
9. Go to back to 1.
Esi top 40, page-31
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.343M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5022176 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 15303561 | 23 |
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| Last trade - 16.12pm 08/11/2024 (20 minute delay) ? |
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