Certainly if they get to drill stage then the stock will run up on expectation so here is a strategy.
Put an order on to BUY on STOP. ie have an order placed in the market to buy automatically (if you have that capability) when the price trades at 0.05 for instance. That is when it is running upwards. Sometimes things move quickly and you might miss the move.
Then sell half your shares when in profit at 10 cents and let the rest run as a 'free-carried' trade.
These numbers sound silly now but if it does start to go then it will run - the temptation by the market to be part of the potential upside will be too much to pass up for some and momentum traders will just trade the volume.
So it should not take a large part of your portfolio but with a BUY on STOP order you will be in if it does start to move.
Let's hope it does.
ROCKFORD
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Last
2.4¢ |
Change
0.003(14.3%) |
Mkt cap ! $10.86M |
Open | High | Low | Value | Volume |
2.2¢ | 2.4¢ | 2.2¢ | $13.31K | 585.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 229726 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 733333 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 229726 | 0.022 |
4 | 994392 | 0.021 |
4 | 2334645 | 0.020 |
7 | 2644357 | 0.019 |
3 | 1721788 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 733333 | 4 |
0.025 | 1110091 | 2 |
0.026 | 500000 | 1 |
0.027 | 80000 | 1 |
0.028 | 387857 | 1 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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