IMC 2.44% 10.0¢ immuron limited

I did at some point, but not during covid, I don't trust myself...

  1. 372 Posts.
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    I did at some point, but not during covid, I don't trust myself to trade these plays at the moment. It's quite risky and always hard to predict.

    Today looks like an up day (well done to US holders) but often you will see a massive spike very early pre market or even at open, before a huge dump 30 minutes later, so if you bought at the wrong time, then you lose a lot. These are coordinated campaigns by chat room and traders with big following, they seek stocks with press releases on globalnewswire, buy premarket, lure retail traders who see the spikes in the scanners, and jump on.

    Oh and the chat rooms will then short it in a few days and double their $.

    I personally think the company should capitalize on these trading events and offer new shares at the most inflated prices in the USA, to keep growing the operations. What's the point of listing at a premium in the US otherwise?






    Last edited by spanisheyes: 21/07/20
 
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Last trade - 15.44pm 30/08/2024 (20 minute delay) ?
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