it is no good, but I am not following the Greater fool theory. e.g, a person bought in high and still want to buy higher tricks the other buyer to buy higher, and in the case of shorting like this, a trader wanted to sell it at a loss to rebate on income tax, cause others to sell even lower, as the fear overcome the worst expectations of its price.
at least i am not selling today. Maybe another day...
but why apologies here? When it was $3+, those people who were long term holders have that chance to withdraw, as Raphel put down $6 millions to bail us out. whoever are left, and recent buy in had made up their mind of holding, or can be reversed if privatisation actually takes place or when sp recovering a bit.
Back then, there were big discussion up here and top analysts have expressed it out and left. People were given that option. Now, I don't think whoever holding this stock had to apologise to anyone because newcomers are not losing significantly based on the whole month trading volumes and price. We were just upset knowingly it is an ugly market, sell down by block trade from UBS, price manipulation and shorters are using this stock as the practice ground for their tax loss rebate, and no clear objective from the Richmond office in verbal or written. Now, either soon we will know who will acquiring this stock, and we will be clear of who was that shorter. sometimes the nicest guy turned out to be director of this show. Or, like one guy said before, Raphel just wanted to pass on the pain to everyone before it's getting better. Hard to read the rich man mind. But I am not going to sell out on Friday.
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Last
78.0¢ |
Change
-0.020(2.50%) |
Mkt cap ! $268.5M |
Open | High | Low | Value | Volume |
78.0¢ | 78.0¢ | 78.0¢ | $1.247K | 1.599K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1300 | 76.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
79.0¢ | 2200 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1300 | 0.765 |
1 | 150000 | 0.760 |
1 | 20000 | 0.755 |
1 | 1329 | 0.750 |
2 | 1900 | 0.730 |
Price($) | Vol. | No. |
---|---|---|
0.790 | 2200 | 1 |
0.800 | 8900 | 2 |
0.840 | 28068 | 3 |
0.845 | 1714 | 2 |
0.850 | 2740 | 2 |
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