Anyone relying on the websites that tell you whether to buy or sell shouldn't be investing in shares.
Merchant has quoted one such site. Here is another.
"Should I trade "MNB" stock today?" According to our live Forecast System, Minbos Resources Ltd stock is a very good long-term (1-year) investment*. "MNB" stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis."
https://walletinvestor.com/asx-stock-forecast/mnb-stock-prediction
IMO, if you rely on these websites, then you have no idea what you are doing.
The above buy recommendation also comes with the following statement;
"With a 5-year investment, the revenue is expected to be around +69.02%"
How can 5 year revenue be up 69% when there is no revenue currently. What is the revenue forecast supposed to be?
I didn't post the above to suggest anyone should buy based on its buy recommendation. I posted it to show why investors, even beginner investors, shouldn't rely on such recommendations.
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Last
5.6¢ |
Change
-0.002(3.45%) |
Mkt cap ! $48.44M |
Open | High | Low | Value | Volume |
5.6¢ | 5.6¢ | 5.5¢ | $9.232K | 166.2K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 99963 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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5.8¢ | 252589 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 99963 | 0.056 |
1 | 90000 | 0.055 |
1 | 50000 | 0.054 |
3 | 165000 | 0.053 |
5 | 325230 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 252589 | 4 |
0.059 | 75000 | 2 |
0.060 | 100000 | 1 |
0.061 | 156286 | 2 |
0.063 | 50000 | 1 |
Last trade - 15.37pm 03/05/2024 (20 minute delay) ? |
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Last
5.6¢ |
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Change
-0.002 ( 1.82 %) |
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Open | High | Low | Volume | ||
5.6¢ | 5.6¢ | 5.5¢ | 86140 | ||
Last updated 15.37pm 03/05/2024 ? |
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