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33.0¢ demetallica limited

Ann: Preliminary Final Report, page-31

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4,253 Posts.

581

03/09/18

14:12

Post #: 35376773
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Originally posted by flaming ↑

"Buyers are ready to return for another round of accumulation.
Buyers are all geared up to get on from here."

If the above statement was true then the price would have marched higher.
The reality is it hasn't.

I believe the bull operation is running out of puff.
They are struggling to find buyers at this level.
Soon few traders/investors will realise that and cause a selloff.
The only thing here telling the truth is volume. It needs a lot of money to create volume.
I am not buying until I see volume pick up.

I know many people don't like to hear or read adverse message.
I tell it as I see it.
Having being fooled so many times, I can say it is distribution.
If it was accumulation the price would be well below 30c.

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What do you mean by the bull operation is running out of puff?

DRM Price at posting: 34.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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