IMO there's been pip traders buying too trade this junk and getting burned, plus some baggies holding from the run early last year to 5.2 cents still averaging down.
The bids stacked at .001 reflect the desperate baggies and traders trying desperately to change the momentum.
Accumulation is the desperate belief to make sense of what baggies feel is a low price.
In actual fact stale old holders are fed up with the stock and moving on to fruit bearing opportunities just like @Jazinger24 did recently.
Just my opinion Baz as an outsider looking in.
- Forums
- ASX - By Stock
- CTV
- Ann: January 2019 Revenue Passed in First 10 Days Trading Update
Ann: January 2019 Revenue Passed in First 10 Days Trading Update, page-165
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)