@gassed, good note as usual. As you mentioned, "There is too much cash supporting the markets". I was caught in 2007 in that very situation. Once the slide started I HAD to start selling and kept selling. There was no other choice. This is one of the reasons why the markets get oversold.
I never forget this poster, after the particular stock was driven to an extreme height and then crashed, he was desperately asking "What is happening? I have invested $500 which I borrowed and which I cannot afford to lose!" Nobody should put themselves in such a situation.
These are uncertain times and LKE is still the stock to be proven. This brings volatility.
Good luck to us all - Lake believers.
TODAY, page-13
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Last
5.0¢ |
Change
-0.002(3.85%) |
Mkt cap ! $86.85M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.3¢ | 5.0¢ | $205.1K | 4.009M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 2017442 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 17000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LKE (ASX) Chart |