It' all about volume dismiss it at your peril - you can look at many of the stocks that have listed in the past & they have a big ass ugly red candle. Why ? because some clown trys to make the impression of a large rise but touching a price way outside of reasonable value on a feather of volume a tiny trade makes a scar past the intial excitement of touching some ridiculous price. I actually thought some clown here would do the same last night, i guess it was actually even hinted that they tried to buy @ $16 but it wouldn't process - thank god for that. Most of this forum would be ramping the bejeebers of PBMD rising 100% on listing even if it was only a few $k in volume.
Don't get caught in that hype trash posted here if it rises 100% and then have people implying PRR should rise 100% to match it....
Word of advice - watch the volume matched the price overseas.
a theory, page-5
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Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $581.0M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.5¢ | 39.5¢ | $1.576M | 3.906M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2506 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 8079 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| IMM (ASX) Chart |