General comments/chat, page-27616

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10/10/21

13:55

Post #: 56691171
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Originally posted by radx: ↑

If the economic/market conditions persist (growth slowing), then this stock has the hallmarks of an over priced baggy stock going to something like 4c.

As much as the conspircy idoits here want you to believe it's about shorters, the reality is that you have massive headwinds for stocks going forward.
Growth slowing, QE tapering, Inflation, possible interest rate hikes.
You also have less speculative money in the market with people going back to work and also the cutting of stimulus money which people pumped into stocks like ADN.

If some of the guys weren't so over invested here they would notice that ADN wasn't the only stock that fell back to "fair value" or what the market preceives it to be.

It still puzzles me why so many here still go on about "Shorters" being the reason why the share price is down??
Could it just be that the only people interested in ADN are the die hard baggies on HotCopper and the market is just reflecting that?

Wouldn't it be more educational to learn about the market dynamics affecting ADN's SP instead of making up theories that you can never prove??
Maybe it's just easier for over invested baggies to believe a lie than accept any form of truth on where and why the share price is where it is?

Interesting to observe the stuborness of holders to accept reality and also the repeativeness of the myths spoken here.
Interesting..

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Can’t even spell idiot.

Go away, grow up, and try to achieve something meaningful in life.

ADN Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.6¢		Change -0.001(14.3%)		Mkt cap ! $20.57M

Open	High	Low	Value	Volume
0.6¢	0.7¢	0.6¢	$6.086K	987.5K

Buyers (Bids)

No.	Vol.	Price($)
39	19625522	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	8039351	30

View Market Depth

No.	Vol.	Price($)
39	19625522	0.006
44	28425223	0.005
13	9700000	0.004
7	11634995	0.003
9	17100497	0.002

Price($)	Vol.	No.
0.007	8039351	30
0.008	11018991	23
0.009	13936776	15
0.010	6608729	9
0.011	27266522	7

Last trade - 15.59pm 19/11/2024 (20 minute delay)

ADN (ASX) Chart

General comments/chat, page-27616

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