I like the idea, but are we factoring the huge amount of mom and dad holders that will be flushed out as you say and the push down of the Sp as the nervous nelly's exit? We also have to ask ourselves what is the SP actually worth and whether or not the increase from about 3.1 to 8.2 is sufficient for what was announced. I have confidence atm that there is sufficient fundamentals backing the SP, which is why I didn't sell out at 9.3 today, but at the same time, I'm not sure whether or not those fundamentals are being factored in and whether or not this will be sold like hot cakes.
I'm predicting red tomorrow, for the morning at the very least. Only because the push down today indicates one of two things:
1. Manipulation - for the accumulates trying to get a good prices and forcing the SP down
2. Too much resistance - If resistance builds, then we could be trapped at opening price for a bit, and probably triggering a bear trap movement.
DYOR. I'm hoping I'm wrong because 1/2 my loan is potentially paid off from this stock alone and I'd like to continue to ride the wave upwards.
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $371.1M |
Open | High | Low | Value | Volume |
19.5¢ | 20.5¢ | 19.5¢ | $656.1K | 3.281M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 364081 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 1348618 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 199988 | 0.200 |
41 | 1118223 | 0.195 |
53 | 1539533 | 0.190 |
32 | 1383291 | 0.185 |
45 | 1476388 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 1097428 | 14 |
0.210 | 1198206 | 19 |
0.215 | 422560 | 18 |
0.220 | 724111 | 24 |
0.225 | 361409 | 12 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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