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Mtrix888

289 Posts.

19

15/11/21

13:21

Post #: 57582783
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Originally posted by copperroad: ↑

Announcement can turn up any day. I wont be short the stock when it does.
I believe some one is short the stock. That's going to be bloody funny to watch on news. You can also tell by the screen as the sell side has been stacked yesterday and today. Its unnatural to plonk lines on the offer out of the money if you are genuinely trying to sell. That's part of the problem with shorting. Its dodgy and other less experienced punters fall into the trap. The only way a short seller can do volume is by manipulating the sell side. They will want it to break $2 for obvious reasons. It also brings out stop lose sellers as it drops and feeds into the problem. I am buying every 8- 10c drop. Ive been doing this for 30 years and that screen is classic BS if ive every seen it. The shorter may be part of the buy side at $2 as well. That is a magnet price right now. They did the same thing with ppk.
This will be vintage to watch on decent news. its coming imo.

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this was a brilliant post. Thanks again copper

LIS Price at posting: $2.07 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 11.5¢		Change 0.000(0.00%)		Mkt cap ! $73.62M

Open	High	Low	Value	Volume
11.5¢	11.5¢	11.5¢	$21.34K	185.5K

Buyers (Bids)

No.	Vol.	Price($)
3	23921	11.5¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	35006	3

View Market Depth

No.	Vol.	Price($)
3	23921	0.115
18	463307	0.110
4	160847	0.105
9	418000	0.100
1	11111	0.090

Price($)	Vol.	No.
0.120	35006	3
0.125	55767	2
0.130	51405	3
0.135	151420	4
0.140	147765	3

Last trade - 14.39pm 30/09/2024 (20 minute delay)

LIS (ASX) Chart