There is a trend at the moment which took place around this time last year.
Traders are targeting stocks around the 300M SOI and under with very low MC.
Preferably under 100M SOI.
There have been multiple in the past month and at least half a dozen the past week with +50% and a few over 100%.
I run a screen on one of my platforms with rules that sift these out.
DMR may hit the radar when it lists as some IPO's are targeted.
It's a dangerous game but has been a very profitable week for those trading same. Not so for those throwing the pill on the wheel.
- Forums
- ASX - By Stock
- Ann: ADN: Takeover Bid - Notice of Status of Conditions
There is a trend at the moment which took place around this time...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online