SUM 10.2% 44.0¢ summit minerals limited

Yeah, I can see some pretty heavy sell offs coming within the...

  1. BDI
    120 Posts.
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    Yeah, I can see some pretty heavy sell offs coming within the next 48 hours or so. There will be a lot of day traders onboard now, meeting or exceeding their usual profit margins and consequently dumping them.
    Short sighted I know, but if you are in the business of quick 10% to 20% turn arounds, SUM is your best mate right now.
    Could see it fall below $0.40 if the plebs get frightened too, but pretty confident that recovery won't be too far away.

    Could be good opportunity to buy more.
 
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48.0¢ 54.5¢ 44.0¢ $5.662M 11.56M

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Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
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