AZS 0.00% $3.69 azure minerals limited

annoucement, page-66

  1. 5,786 Posts.
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    whatsismatter,

    Don't disagree with anything you have said, but you are speaking too logically.

    The market is not that logic.

    They were waiting for results and they got them. The buyers came in, not to hold but to trade.
    The 30 million that were done above 9c were bought to make money.

    Some will have done that and others will have lost.

    Some will be holding onto those loses hoping that news will create more interest and the shares will rocket again.

    The problem is there may not be more news for awhile, and that prompted me to sell as I already posted earlier.

    Those that have been caught and cannot afford to pay for their stock will put more pressure on the selling.

    If you stand in front of a tidal wave you will get dumped and that is what happened when the stock began to retrace back to 9c.

    I wished I had sold at 9.5c where there was 2 million traded.
    I thought it was going to 10c to be honest.
    But when it started to drop towards 9c the feeling I had was to exit because history shows this is often the way AZS has traded.

    Now, those who are still in, must wait for the next exciting news to capture the players who want to play.

    WE know there is news in April regarding their Jorc.
    I am not too sure if there will be news before then.

    So time I believe, is in the buyers favour.
 
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