ASM 7.63% 63.5¢ australian strategic materials limited

ASM Chart Thread, page-3753

  1. 3,057 Posts.
    lightbulb Created with Sketch. 209
    Hi Eric

    I prefer to buy profits, or as a minimum realistic profit forecasts, plus some good technical support in charts.
    In this some institutions and investors agree, and they deserve to succeed.

    Traders who buy dreams must calculate the cost of potential nightmares, and their likelihood.
    Disaster can strike when a stock is overbought and over-priced.
    Reality (nightmare events) can then arrive without warning.

    I don't see bad things for ASM, but the risk of dreaming at higher prices without supporting evidence may develop.
    I also accept that in some cases fundamentals could outstrip optimistic dreams.
    If ASM fundamentals grow exponentially, dreams will be fulfilled.

    Meantime it may be more volatile than others.
    Traders may delight in roller coaster price movements.
    I prefer investment based on reasonable facts, not in over-priced dreams

    We are all different which makes some markets more speculative than others.

    Best Wishes for your future success.



 
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Last
63.5¢
Change
0.045(7.63%)
Mkt cap ! $115.1M
Open High Low Value Volume
58.0¢ 70.0¢ 58.0¢ $586.5K 891.5K

Buyers (Bids)

No. Vol. Price($)
1 2999 63.5¢
 

Sellers (Offers)

Price($) Vol. No.
66.5¢ 1000 1
View Market Depth
Last trade - 16.10pm 05/09/2024 (20 minute delay) ?
ASM (ASX) Chart
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