Ann: Market Update, page-25

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TradeX8

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16/03/20

19:56

Post #: 43524812
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Originally posted by Mista_Trix: ↑

My worry is that the ramping has encouraged younger investors to try and catch the falling knife.

I sold out $25k worth at 29.5c, Williak from memory got out at early 30s. Anyone who listened to us would have preserved a huge chunk of their capital, and even buying in now would have double the amount of shares for the same money. If you'd listened to kkklansman you'd have kept your capital in and topped up all the way down. You'd be in the red on anything purchased, and have more money than before locked away.

We just passed through the death cross (50MA through 200MA) which confirms we're in a downtrend. So this thing may be cheap, but as it's not going in an uptrend anymore its risky to know how long it will stay like this. A few years ago I had a share that was 'undervalued' and in a downtrend, it bobbed sideways in a straight line for 5 years, even with phenominal growth.

I want to get back in, but it's not going to happen by talking people out of their shares. We're all trying to make money, and some have more experience than others, some on here obviously have very little given the shallow nature of the investing advice within their posts, great company commentary, but it's not the only thing that matters.

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But all those who want to sell based on MTs chart please do

VMT Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 13.5¢		Change 0.000(0.00%)		Mkt cap ! $56.45M

Open	High	Low	Value	Volume
14.0¢	14.0¢	13.5¢	$8.113K	60.09K

Buyers (Bids)

No.	Vol.	Price($)
1	28112	13.5¢

Sellers (Offers)

Price($)	Vol.	No.
14.0¢	8133	1

View Market Depth

No.	Vol.	Price($)
1	28112	0.135
2	40742	0.130
2	64000	0.125
1	6271	0.120
1	34652	0.115

Price($)	Vol.	No.
0.140	8133	1
0.145	77344	4
0.150	363799	3
0.155	58432	1
0.160	18100	1

Last trade - 15.04pm 29/07/2024 (20 minute delay)

VMT (ASX) Chart

Ann: Market Update, page-25

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Ann: Market Update, page-25

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