Ann: Major Ionic Clay Rare Earth Discoveries at Colossus, page-202

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unname101

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22/11/23

13:54

Post #: 71044028
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Originally posted by watchthisrise: ↑

As I've said before, it's my opinion that pumpers are selling this on the way down targeting the
bargain hunters/ or those averaging down as the price continues to fall.

Instead of throwing insults, why not show some evidence to why you think I'm wrong ?!

As I mentioned in the attached post:

'It means that the sp needs to find its median at the 20 MA''I said this at $2.10- $2.13
I also said it will reach $1.80 in that post; Now the SP just hit $1.87, go figure....

The SP just touched the 20 MA (On the hourly)

The problem is, no bargain hunters anywhere in sight at this level.
Very low volume....

Now, that was the 1 Hour time-frame okay?

Now lets move on to the Daily time-frame:

The SP hasn't got anywhere even remotely near the 20MA on the Daily.
IMO, this is concerning and IMO, it's likely this will be reached.

Really not sure yet exactly where it will find support, however, with all factors considered, I believe there is a strong chance the SP could drop well below $1.80

Hazard a guess- $1.40- $1.50 ?

People here can say it's no big deal if the SP drops 20 or 30% or more, but you have to remember, not everyone bought at the lows.
Some actually DID buy around $2.20+
I wouldn't blame them one bit of feeling concerned and especially confused as this has been promoted as ''Going to the moon'' !

The next question on the above charts is: Will the SP cross below the 20MA on both time-frames and head to the lower bollinger band (as I've often seen once it breaks the 20 MA support).

All IMO

I've always said I'm interested in VMM (particularly in my earlier posts), however, my valid question and concerns are immediately quashed. At the right price, I may enter.... It's not because I have a hidden agenda and it's not because one poster can make the SP drop. If this was the case, then wouldn't you say the same can be said about one ''RAMPER''/ spruiker?????

I mean, if one poster can change the SP, then what can 50 rampers achieve? Just saying.

I would first like to see the Tb and Dy grades (FROM DRILLING, NOT SURFACE SAMPLES) as I've said countless times.
These are very important elements as they are the most valuable !!!!!! Nowhere to be seen on the announcement though......

Anyway, I have bought in the past at the high and will do my best to avoid this going forward.

Don't get caught in the FOMO

DYOR

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IDon't get me start but I can show you hundred of cases price went to MA20 and keep going up. Your argument is a bit slack of the fact. Not sure that is the intention to bait people into selling.

VMM Price at posting: $1.88 Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 72.0¢		Change 0.015(2.13%)		Mkt cap ! $46.58M

Open	High	Low	Value	Volume
70.5¢	72.5¢	70.5¢	$6.125K	8.646K

Buyers (Bids)

No.	Vol.	Price($)
3	4526	70.5¢

Sellers (Offers)

Price($)	Vol.	No.
72.5¢	4916	1

View Market Depth

No.	Vol.	Price($)
2	1476	0.720
1	420	0.710
2	3050	0.705
2	2150	0.700
2	7850	0.690

Price($)	Vol.	No.
0.740	2573	2
0.745	7166	1
0.750	8180	1
0.755	501	1
0.760	501	1

Last trade - 10.57am 26/07/2024 (20 minute delay)

VMM (ASX) Chart

Ann: Major Ionic Clay Rare Earth Discoveries at Colossus, page-202

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Ann: Major Ionic Clay Rare Earth Discoveries at Colossus, page-202

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