APG 0.00% 0.2¢ austpac resources nl

be kind to apg day today, page-5

  1. 15,750 Posts.
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    hi steve. regardless of fundamentals, any stock with 600mill shares on offer in the sub $1 price range is at the mercy of traders, not investors. investors buy once, then never influence the sp.
    traders move with the charts.

    this has been in downtrend for some time. though the trend has reversed, it isn't going to be clear until, for now, 12c is held. then traders will feel more comfortable playing the sp back up to where us "investors" think it belongs.
 
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