ADY 0.00% 1.2¢ admiralty resources nl.

No use calling the company. The sp is going down simply because...

  1. 11,678 Posts.
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    No use calling the company. The sp is going down simply because there are more sellers than buyers.

    Potential buyers are sitting on the sidelines and thinking:
    "Why buy now! - It might go down further! - Maybe I can get them cheaper if I wait!"

    But the big problem with that strategy is that when the sp has reason to go up (eg RLL announcement), the sellers change their mind about selling cheap. Then any buyers on the sidelines have to pay much much more or miss out.

    It is safer to simply say, I'm not selling until after I have BOTH my ADY and RLL shares in my pocket. Cant loose that way!
 
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Buyers (Bids)

No. Vol. Price($)
2 805438 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 490461 2
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