88E 0.00% 0.2¢ 88 energy limited

olderwiser,Whilst this isn't exactly about 88E, the rise in...

  1. 35,808 Posts.
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    olderwiser,

    Whilst this isn't exactly about 88E, the rise in price day on day reminds me of a drawn out slow motion version of the opening day for AMP when it first listed.

    Multiple parties, just about everyone and their neighbour's pets wanted in, however, as the orders flooded in, in a way that the SEATS traders couldn't get orders placed quick enough................ people opted for Market Orders and or, the sell orders were slow to enter the system ............ anyone that remembers, it opened up in the low $40's and closed in the I think the high $20's

    Happy to be corrected by anyone wishing to give the exact figures.

    Anyway the old axiom of Buy the Rumour and Sell the News is yet to materialise, however, this is possibly one of the best ever example of buying the rumour.

    Good luck to those that hold .............



    MI
 
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