Well my 2c worth. Generally on the lithium sector.
everything ran hard ..this stock went from 4c to almost $2. That sort of performance won't happen again, it'll be slow grind if lithium does pick up again.
a lot of that was fomo; people jumping in cause they saw how hard these stocks were running and wanted a piece of the action. Now that most of those late comers have been pole-axed they'll be reluctant to invest in this sector in the future..
the old adage about taxi drivers..when 1 of them tells you to buy..it's time to sell. Implying they hear the general vibe of the population..and that when many are jumping in for a piece of the action (on whatever has been hot / running hard ) it's already over bought / over priced.
- Forums
- ASX - By Stock
- CXO
- Banter and general comments
Banter and general comments, page-35883
-
- There are more pages in this discussion • 3,052 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CXO (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $194.4M |
Open | High | Low | Value | Volume |
9.1¢ | 9.1¢ | 9.1¢ | $122.2K | 1.343M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 172850 | 9.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.2¢ | 1945732 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 33500 | 0.096 |
1 | 17208 | 0.093 |
5 | 144086 | 0.092 |
4 | 1403162 | 0.091 |
8 | 925613 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.086 | 27839 | 1 |
0.089 | 30813 | 3 |
0.090 | 25538 | 2 |
0.091 | 526816 | 3 |
0.092 | 1931446 | 12 |
Last trade - 10.08am 05/07/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |