Sorry, I was never able to that understand the benefits of that strategy with volatile and speculative stocks.
If there was a continous very profitable revenue stream as a result of an established business maybe, but we are talking about a stock that has not and a possible 50+ cents difference from the high here (a 400-500% profit loss for some), which in my book is quite significant even for a long term investor.
was it only 2 weeks ago?, page-42
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $33.70M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.0¢ | $41.91K | 374.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 509059 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 53766 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PEK (ASX) Chart |