Does anyone have any thoughts about what is going on in the market at present?
And more importantly, why?
I STILL don't think it's a pump and dump in any normal sense.
There haven't been many big sells today, and the big accumulators of the previous few days are now looking at a market price lower than the great majority of their purchases. So, either they didn't anticipate what's happened in the short term (very unlikely) OR they had taken a longer term view of SOR's value (or at least potential value). Big buyers, of the sort of volume we've recently seen, don't often make major mistakes like buying into a stock at above market value, only to have the price drop away from their buying prices when they stop buying.
So I still think the market analyses of the big players has brought them to the conclusion that NOW was the time to buy into a stock with near-term prospects of going up in price and staying there.
But that still doesn't explain what is happening TODAY. (Return to original question). Any enlightening comments, anyone?
Pig.
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Last
4.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.09M |
Open | High | Low | Value | Volume |
4.5¢ | 4.5¢ | 4.4¢ | $2.802K | 62.81K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 94507 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.6¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 94507 | 0.045 |
2 | 40408 | 0.044 |
4 | 252930 | 0.043 |
3 | 158486 | 0.042 |
2 | 263017 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.046 | 30000 | 1 |
0.047 | 6647 | 1 |
0.050 | 24945 | 3 |
0.054 | 25000 | 1 |
0.055 | 19390 | 3 |
Last trade - 14.46pm 12/07/2024 (20 minute delay) ? |
Featured News
SOR (ASX) Chart |