Totally agree. My avvount has seen lots of red over the past few...

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dalts66

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24/11/21

19:58

Post #: 57828218
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Originally posted by kiwihiker: ↑

All of my biotech stocks are in the red today. Sometimes that just happens - it can be sector sentiment, market sentiment, or reduction in risk profiles because of some other external event.

And if you've built a large enough position, you can sell into lines and go after stop losses (especially the trailing stop losses where they automatically ratchet up, say, 5% behind a particular price point, start-of-day price, etc). Get enough volume and it cascades away all by itself. House of cards. Joys of automation.

In lieu of detrimental market news specifically about CHM (and the leaders of the buiness don't strike me as being the type of people that would obfuscate to market), I see this as a broad sector impact.

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Totally agree. My avvount has seen lots of red over the past few weeks and its spread across all my holdings.

Had a buy hit today at 27c. Wasnt expecting that to happen. But happy to give them a safe home.

CHM Price at posting: 26.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $8.060M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$20.21K	5.053M

Buyers (Bids)

No.	Vol.	Price($)
2	2213046	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	13563373	20

View Market Depth

No.	Vol.	Price($)
2	2213046	0.004
41	25878271	0.003
16	14950505	0.002
11	53600000	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	13563373	20
0.006	13884684	16
0.007	3200000	3
0.008	8542434	6
0.009	2327672	4

Last trade - 15.01pm 24/06/2025 (20 minute delay)

CHM (ASX) Chart

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Totally agree. My avvount has seen lots of red over the past few...

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