I’m not sure that I agree with you.
For every Seller, there has to be a Buyer.
People buying at these prices aren’t doing it simply to throw their money away. They have a choice: buy or not buy.
It’s just as reasonable for me to say that the Buyers are winning by taking the shares off weak, scared Sellers.
I’m not, but it’s just as reasonable as your statement.
Ann: Phoenix South-3 Drilling Update, page-169
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $277.3M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.5¢ | $93.07K | 596.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 541153 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 938543 | 10 |
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