LCL 0.00% 0.9¢ lcl resources limited

It wouldn't be the first time a trader has sold off 1-2m in...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,580 Posts.
    lightbulb Created with Sketch. 955
    It wouldn't be the first time a trader has sold off 1-2m in stock only to have a day or 2 later a decent announcement released and miss out on tens of thousands $$

    They follow the hot money that provides volume and liquidity so they can enter and exit relatively easy.

    LCL has been languishing of late due to lab delays and this is what happens when volume dries up and they need to get out for whatever reason.
    Gets knocked down a level or two.

    Fingers crossed JS can drop a decent announcement this week to turn things around a bit.
 
watchlist Created with Sketch. Add LCL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.