Others might like to share their feeling / experience on this strategy for these bad news announcements.
I hear news like we did before open and see trading significantly down. Out of stubbornness or optimism I decide I'll hold for the medium (or whatever) term. I now think that the best strategy has been to sell at the open and then buy back on the close as it - in my memory/ experience - gives a lower price. It might be that I'm better to never buy back but that's way harder to get right so I'm ignoring that aspect.
What do you think?
Others might like to share their feeling / experience on this...
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Last
$2.88 |
Change
0.080(2.86%) |
Mkt cap ! $1.931B | |||
| Open | High | Low | Value | Volume |
| $2.81 | $2.89 | $2.81 | $5.876M | 2.047M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7280 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.89 | 8670 | 2 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| IFL (ASX) Chart |