AIM 6.29% 84.5¢ ai-media technologies limited

buy on dips, page-4

  1. 1,548 Posts.
    We can't speculate on anything until mgt provide some announcements. All we can do is, sell on rallies, buy on dips.

    Last week we hit a wall at 14c after we were moving up very nicely. Volumes are too low to be worried about the move down; buyers have stepped back because of the news from the US Thur/Fri, and there are some bots running that are pushing the price down. This creates an opportunity to buy in at 11 - 12, an opportunity that buyers didn't have on Wednesday. It also gives those who went short at 13.5 to make a small profit. A great strategy would of been to buy in below 10c in Feb, then hold out to 14c, see the brick wall, then sell 50% of your equity, and then go 50% short. That way you've hedged neutral, and kept your gains. You can then wait until the next wave up without having too look at what is going on with the sp. The next leg up will be big, 'if' the news is what we expect then 15c will easily be broken. The next few announcements are crucial to AIMs status of becoming a zinc producer and the continuation of a long upward curve.
 
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Last
84.5¢
Change
0.050(6.29%)
Mkt cap ! $176.4M
Open High Low Value Volume
79.0¢ 85.0¢ 78.0¢ $466.0K 570.4K

Buyers (Bids)

No. Vol. Price($)
1 15000 83.0¢
 

Sellers (Offers)

Price($) Vol. No.
85.0¢ 45985 1
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
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