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17.3¢ meteoric resources nl

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657 Posts.

156

24/01/20

16:33

Post #: 42561865
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Originally posted by serena: ↑

Dear Rjohnson...

Unsound punters or you may call it as unsound retail investors (may be including you. Lol) keep chasing the shares when the share price has been going up significantly and so high because they think that the share price will move to one direction i.e. up and up. Sadly, they forget that price could move two directions either up or down. On the other hand, when the share price has been dropping significantly, unsound investors only think that the share price would move to one direction i.e.. down and down and even it has actually reached the bottom, the investors who have sold it a loss, they think that this is the end of the world and share price will never rebound, and they did not want to buy it. Funny, when the share price rebounds and keep going up again, they buy it and repeat the same mistake. LOL. The success in investing in speculative stock is to know the timing "buy low" and "sell high" or "sell high" and "buy low". Know when to enter and when to exit. In reality, unsound punters buy high and sell low.

This is not investment advice.

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"buy low and sell high" or "sell high and buy low" you say? Hmmmm decisions decisions...

MEI Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 17.3¢		Change 0.003(1.47%)		Mkt cap ! $343.2M

Open	High	Low	Value	Volume
17.0¢	17.5¢	17.0¢	$372.8K	2.143M

Buyers (Bids)

No.	Vol.	Price($)
26	847183	17.0¢

Sellers (Offers)

Price($)	Vol.	No.
17.5¢	347896	20

View Market Depth

No.	Vol.	Price($)
27	854830	0.170
35	2147711	0.165
26	1039692	0.160
20	4010517	0.155
21	756720	0.150

Price($)	Vol.	No.
0.175	347896	20
0.180	429001	8
0.185	1411314	7
0.190	1020556	8
0.195	613261	10

Last trade - 15.01pm 17/06/2024 (20 minute delay)


Last 17.5¢			Change 0.003 ( 2.40 %)
Open	High		Low	Volume
17.5¢	17.5¢		17.5¢	826116
Last updated 15.11pm 17/06/2024 ?

MEI (ASX) Chart

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