Thanks Gardener,
As any stock market players both buy and sell sides, try to create depth, to fulfill their purpose.
When the buy side has greater depth, it reassures those holding stock, when the sell side has the upper hand, holders worry as to how low the price will go.
Fear and Greed, market physiology.
It is what it is, and we cannot do much beside invest or trade via your own rules.
I am biased as a believer, so take this as you will.
I think there are deeper pockets than the average trader wanting larger positions that are trying to do so before it breaks upside.
Like false creation of buyer depth, the sell side built today at .135 just at a safe distance from having orders filled, but close enough to permeate concern, adequately placing pressure on the buy side.
I agree Gardener, .10 even .09 or my original thought of a 61.8% retracement from .155 high down to around .07.
I won't sell, as it's reasonably risky now, for if they announce anything positive, the stock can run quickly.
I don't think a take-over is imminent, however it's always a possibility. The directors did say at the AGM that it would take some years to catch up to where they are if someone tried. My thinking if I was a yahoo would be to just buy them out.
Or the other risk, is if those wanting in get filled do, the sell orders might miraculously dissipate, bringing back the miss out mentality.
- Forums
- ASX - By Stock
- ADS
- adslot - straight through processing
ADS
adslot ltd.
Add to My Watchlist
0.00%
!
0.1¢

adslot - straight through processing, page-33
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.434M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
ADS (ASX) Chart |
Day chart unavailable
The Watchlist
VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
SPONSORED BY The Market Online