Interesting excerpt from an article on downramping (*) that I thought was worth sharing given the prime example on AMP threads.“They’re not necessarily long-term believers in a company’s story. Their investment horizon isn’t three, four, five or 10 years, their investment horizon is probably three or four weeks or maybe a day if they are a day trader.
"We’re seeing it on a particularly significant scale at the present time.”
BEWARE OF DOWNRAMPING
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Last
$1.10 |
Change
0.030(2.82%) |
Mkt cap ! $2.948B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.10 | $1.08 | $13.96M | 12.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 58307 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 40203 | 4 |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$1.09 |
Change
0.030 ( 1.90 %) |
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| Open | High | Low | Volume | ||
| $1.09 | $1.10 | $1.08 | 2478620 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| AMP (ASX) Chart |