Believe it or not I know somebody who does this sort of tactic. Rightly or wrongly there are some that buy in when companies are raising and hope for a bump after and hope to make say 5% in a week or two. Of course the more people that do this the less margin is in it. And sometimes the sp does not go back up at all. But apparently some see value in it. I don’t see value in it myself.
Believe it or not I know somebody who does this sort of tactic....
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Last
7.5¢ |
Change
-0.003(3.85%) |
Mkt cap ! $157.0M | |||
| Open | High | Low | Value | Volume |
| 7.9¢ | 7.9¢ | 7.3¢ | $414.9K | 5.566M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 716973 | 7.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.5¢ | 82714 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
7.4¢ |
Change
-0.003 ( 5.13 %) |
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| Open | High | Low | Volume | ||
| 7.7¢ | 7.7¢ | 7.4¢ | 3355836 | ||
| Last updated 15.55pm 03/05/2024 ? | |||||
| HGO (ASX) Chart |