It means the market is frothy. Is it your first day in the stock markets? Today, Nikkei is back to where it was at its peak several decades ago. What we are seeing is your typical blow-off top before bad things happen. Stock markets are not economy, but ultimately it is the macro picture and the economy that matters. Stocks will catch up with it. It is really not about IF, but WHEN. I believe we'll see the WHEN in a few months time and certainly by the second half of the year. NVX in particular will be vulnerable to shaky markets, because NVX has no cash flow of its own, it doesn't have production, it doesn't have a cushion to fall on to. For that reason, it is easy to assign a price target of below 50c for NVX.
I'll forgive you for your ignorance and cockiness so as long as you will learn from this lesson and stay humble in the future. Making sustainably money, believe it or not, in the stock markets requires humility. The euphoria will soon be gone again and it is up to you what you do with your knowledge then.
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Last
64.0¢ |
Change
0.005(0.79%) |
Mkt cap ! $310.5M |
Open | High | Low | Value | Volume |
64.0¢ | 64.5¢ | 64.0¢ | $24.52K | 38.29K |
Buyers (Bids)
No. | Vol. | Price($) |
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16 | 68365 | 63.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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64.5¢ | 26345 | 6 |
View Market Depth
No. | Vol. | Price($) |
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1 | 4000 | 0.695 |
4 | 4603 | 0.665 |
2 | 10117 | 0.660 |
3 | 1055 | 0.655 |
1 | 39 | 0.645 |
Price($) | Vol. | No. |
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0.605 | 20 | 1 |
0.620 | 4000 | 1 |
0.625 | 152 | 1 |
0.635 | 10373 | 5 |
0.640 | 5266 | 3 |
Last trade - 10.15am 17/06/2024 (20 minute delay) ? |
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Last
64.5¢ |
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Change
0.005 ( 0.56 %) |
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Open | High | Low | Volume | ||
64.0¢ | 65.0¢ | 63.5¢ | 22136 | ||
Last updated 10.38am 17/06/2024 ? |
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