BUB 0.00% 14.5¢ bubs australia limited

Food for thought-what is psychology behind putting these orders...

  1. 148 Posts.
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    Food for thought-

    what is psychology behind putting these orders in, when you know they won't get filled anytime soon?

    https://hotcopper.com.au/data/attachments/4485/4485091-f2235fb240301e855cdc71aa8fa43221.jpg

    According to my understanding, the wealthy continue to amass wealth by instilling fear. With this fear, week hands sell their shares at lower prices.

    Also worth noting is that BUB barely traded below 60 cents for the entire month of June, which is notorious for selling due to the end of the fiscal year.

    Interested in hearing what others think?
 
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