I'm not much of a trader, I'd go broke if I made it my day job. Yesterday was a big surprise to me, and for tomorrow I have no idea... but today was different. Today we had information ahead of time from the TSX. And it wasn't a subtle coin-flip arbitrage, the Canadians looked at us and thought "they're insane". They ended the day down. Couldn't even match the ASX on yesterday's opening price, let alone $1.8 or whatever it got to.
I've never seen a clearer indication that the ASX was overcooked. Mix in the fact that we're dealing with market-cap misinformation and we have a stew. Genuinely has anyone ever seen a situation quite like these last couple days? I've seen similar situations but this was next-level.
The handful of users that kept pumping the stock probably did people some damage. Attempting to take advantage of a situation where the facts aren't crystal clear (market cap, liquidity). The rampers seem far too cocky to be ignorant of the unfolding events so I don't think they were acting in good faith when they continued to yell 'BUY FOR $2+' all through the night and early morning. It's good cause to be wary of some of you going forward.
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I'm not much of a trader, I'd go broke if I made it my day job....
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Last
56.0¢ |
Change
0.050(9.80%) |
Mkt cap ! $353.5M |
Open | High | Low | Value | Volume |
52.5¢ | 57.3¢ | 52.3¢ | $1.425M | 2.576M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 61953 | 55.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
56.0¢ | 34033 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 29184 | 0.555 |
49 | 108501 | 0.550 |
9 | 101558 | 0.545 |
8 | 217133 | 0.540 |
5 | 363836 | 0.535 |
Price($) | Vol. | No. |
---|---|---|
0.560 | 65233 | 21 |
0.565 | 17067 | 5 |
0.570 | 68484 | 5 |
0.575 | 20094 | 4 |
0.580 | 116764 | 6 |
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