Not sure if it is a strategy but there are three types of investors:
1. Long termers, who yes some may be on losses, depending on whether they have had trading parcels as well or averaged down during the last dump. As long as they see potential I don't think they really care about SP movements as long as the fundamentals are still there and they can still see $ in the long run. I am free carried but want some of these fundamentals to translate to revenue (hence my view in more recent posts about the need for commercialisation now or fundamentals might be impacted down the track). Anyway, so many of these LT don't really care what you have to say unless you can show fundamentals have changed, which you can't as yet.
2. Traders/short termers - those wanting to be either instant mllionaires or know how to pick dips and ups. This is your market so stick to it please.
3. The stupid: Those who have no clue but follow the sheep during high volume days (buy in but still don't understand the company) and sell during SP falls or low volume days (and still don't understand the company). These are also your market, but in terms of these SH they should invest in property IMO as they are the ones who get burnt the most (i.e. they buy on the highs and sell on the lows).
All IMO
XPE Charts, page-8591
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7.0¢ |
Change
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Mkt cap ! $1.889M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 47 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 1524 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 47 | 0.070 |
1 | 20100 | 0.061 |
1 | 100000 | 0.060 |
1 | 86000 | 0.058 |
1 | 55000 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 1524 | 1 |
0.175 | 22450 | 1 |
0.180 | 30000 | 1 |
0.190 | 29137 | 1 |
0.000 | 0 | 0 |
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