ALC 0.00% 5.8¢ alcidion group limited

looks like a bit of a herd selloff - no initial reaction to...

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  1. 85 Posts.
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    looks like a bit of a herd selloff - no initial reaction to qrtrly (and rightly so - looked perfectly in line with what company has told us previously - if it were bad, i'd expect an immediate dump on big vols. And on open, no gap down nor big vol dump. A few small lots going through by 10:30am - then a few others who i suspect had been waiting on direction started following suit. Only one larger lot within that selloff. We saw lots of accumulation over previous days/wks and i'd hazard to guess theres's a lot of buyers waiting at lower levels not showing their hand to 1. keep buy depth looking weak and 2. allow possible panic dump on break of 4.5 low.

    Hope people know a stock is valued by it's market cap and not share price level
    Last edited by pachelbel: 01/02/18
 
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