MYX 2.39% $4.50 mayne pharma group limited

Unfortunatley too many traders on this stock and the smart money...

  1. 2,873 Posts.
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    Unfortunatley too many traders on this stock and the smart money know it.  Traders are being punished here!! If you hold and don't feed the fire these guys can't play the game without the oxygen.  
    Problem with traders is that the investment horizon is too small and the smart money who don't care about a little short term pain in the SP will create the conditions to shake every share they can out of retail.  
    Honestly is the company worse than where it was 12months ago and being shorted to the hill???
    No!!! 
    Now that we know where the support is, guess what we will be headed there because the smart money know that too many lemmings will be eyeing off this. 
    what should be unpredictable is made predictable because of human nature and chart based trading. It would be great if markets didn't have charts I wonder what methods smart money would have to employ in order to get there fill cheaply??? 
    Last edited by Hiddenvalue: 25/02/19
 
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Last
$4.50
Change
-0.110(2.39%)
Mkt cap ! $382.8M
Open High Low Value Volume
$4.60 $4.64 $4.39 $669.1K 147.9K

Buyers (Bids)

No. Vol. Price($)
1 2465 $4.50
 

Sellers (Offers)

Price($) Vol. No.
$4.53 1104 1
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Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
MYX (ASX) Chart
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