Angry Mob :
"Really, both FA & TA mean nothing when a stock is being actively manipulated.."
The big question is who is doing the "manipulation" (legally) and for what reason?
How many retailers got the means and tools/cheap brokerage to do this "manipulation" ?
How many retailers are actively involved in going both long and short trading?
They do exist ,but i think it is a fair assumption for me to say "Big Boys" who have statistics at the tip of the fingers and who can turn the SP at a drop of a hat.
imo, LYC rose significantly . ????maybe re rated , or maybe this or that ...who knows?
Fact is that everything got its limits.
My holding in LYC is not big . But i would not be discouraged by the current SP if i was still a LYC investor .
LYC dropped fr recent 14c . It is long way from the bottom of 3.2cents.
The ones that recently got on the band wagon and expected LYC to just keep on rising are the most disappointed.
Charts versus Fundamentals, page-13
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Last
$6.88 |
Change
-0.040(0.58%) |
Mkt cap ! $6.430B | |||
| Open | High | Low | Value | Volume |
| $6.92 | $7.05 | $6.83 | $13.27M | 1.918M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 966 | $6.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.90 | 18661 | 4 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |