Hi Rocket,
In regard to nervous nellies and ABY I think you should give some consideration to the free aspect of the market. I've been trading in and out of ABY from the time they started moving up from 15 cents. Why? Well for starters I was still holding on to a parcel that I bought at over $2 average. Trading in and out has been a fantastic opportunity for me to first claw back some pretty hefty losses by first averaging down as ABY took off with good volumes being traded.. and then move into positive territory by doing some profit taking.
I think you miss the fact that often traders work to the benefit of long term holders and vice versa. Traders often are looking at the differential rather than the absolute price.. and its trader activity that can push the price up for long term investors... of course its those rotten brokers that also drive the prices down on us ;)
regards
Hectobar
Hi Rocket,In regard to nervous nellies and ABY I think you...
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Last
$1.04 |
Change
0.025(2.46%) |
Mkt cap ! $97.71M | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.04 | $1.00 | $15.83K | 15.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11000 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.04 | 5090 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| ABY (ASX) Chart |