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DoubleDown!

4,477 Posts.

1912

20/03/19

11:44

Post #: 37822011
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Originally posted by Creaturemagic: ↑

Doesn't matter at this point. The share price won't move without interest. Any time there is interest, it's stomped out by huge sell walls at 11cents and 12cents.

Last week seemed to show bots buying to keep the price low, and parts of the walls are definitely in place to stop it running. Problem is, every time it's tried to run the buyers build up and then someone dumps into them. The buy side is so thin and shortly there won't be many buyers interested. Then it doesn't matter if the walls are removed and the big boys want it to run, without the little guys buying/without interest there will be no big moves. I fear that 10cents is going to be here to stay for the rest of 2019 at least. Doesn't matter that AB1 is smashing goals and doing well, people don't seem to like this kind of share and therefore no-one is buying.

I have great confidence in AB1, but confidence in the share price moving is slowly dying.

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Agree. There is just no support in the buying to keep it at 10c. Capers are doing it easy. Be amazing if we closed at 10c today. Another bounce backwards. It's getting very boring to watch.

AB1 Price at posting: 9.6¢ Sentiment: Buy Disclosure: Held
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