OAK 0.00% 6.9¢ oakridge international limited

Bot trading is fooling you repeatedly., page-34

  1. 1,913 Posts.
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    Key factors to consider over the next few days:

    1) There is a vast army of traders that operate on short term - including day traders / institutions / and long termers who trade parcels - each seeking to realise profits asap

    2) These short termers, by definition, are not looking at the future / or the details of the company - they want to cash in now - they may be back later

    3) Announcements create volume spikes in interest - sellers sell into these spikes - if the sellers are massive in number they can out-strip the buyers - hence juicy announcements can often bring about red outcomes

    4) Mass selling induces yet more selling - if you believe the price will be lower tomorrow it pays to sell today and buy back tomorrow - of course the risk is that prices may rise (but never forget a profit is a profit)

    5) This end of the market has chronic ADD - people are always looking for the next - so the crowd can suddenly move on for no significant reason - equally they can turn up like teenagers at a house party

    6) Buying and holding early stage stocks is a bumpy ride - expect volatility - frustration - and know that things generally take longer than hoped for

    For me, Xped is a very exciting business / with a great team / and clearly some traction - I think things are moving fast for them - we wont have too long to wait till things get white hot!
 
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Last
6.9¢
Change
0.000(0.00%)
Mkt cap ! $1.862M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 91166 6.9¢
 

Sellers (Offers)

Price($) Vol. No.
8.5¢ 182500 1
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Last trade - 16.12pm 12/07/2024 (20 minute delay) ?
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