what we need is a lot of long term buyers; that is what I have become on this share; I bought up to my eyeballs and I am not selling come hell or high water (or some actual news / reason); why a normal holder would sell when they know why they bought AND more good news comes in, THEN the price falls = sell...... you gotta be kidding me
what new long term holders can do is really damage the share traders, by buying a bit each time they manipulate it down; if more retailers buy than sell (from fear), then that manipulation game is a losing game for the consters
now the ASX could see in five minutes who the buys and sells are; they can determine the shonkiness; I know, because I personally, was caned by ASX for buying and selling the same share.... for a year on one share I had a standing buy order at 10 cents and a standing sell order at 11 cents... I valued the company at 10.5 cents, so I was happy to trade the +- 5%; my trading account was terminated because ASX / ASIC said I was manipulating the price.... actually I was the market maker for that share; just like any Bond Share needs a market maker (are they manipulating by being in the market both on buy and sell)
anyway, I just bought Lumos when it fell to 9 cents, then 8 cents, then 7 cents... and 100% of my share market funds are engulfed in Lumos; I am happy with that
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what we need is a lot of long term buyers; that is what I have...
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Last
4.3¢ |
Change
-0.001(2.27%) |
Mkt cap ! $20.69M |
Open | High | Low | Value | Volume |
4.4¢ | 4.4¢ | 4.3¢ | $58.21K | 1.335M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 535000 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 0.043 |
4 | 623000 | 0.042 |
3 | 276828 | 0.041 |
3 | 376639 | 0.040 |
1 | 360000 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 535000 | 4 |
0.046 | 894503 | 3 |
0.048 | 218015 | 3 |
0.049 | 200000 | 1 |
0.050 | 200000 | 1 |
Last trade - 15.29pm 16/07/2024 (20 minute delay) ? |
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