re: thanks "why is it so thinly traded"
First A chart like that without Volume is fairly useless..
( Though I thank YOU for the contribution )
As to the liquidity....
SSI has less than 15,000,000 shares on issue..
top twenty hold nearly 10,000,000
( 150,000 shares at present buys you 1% )
As to the action
SO FAR ! demand appears on all the dips...
Action is characterized by ? lack of supply !
Trading note....Light volume off the bottom with ease of movement in price
tells us traders are reaching for the stock -- there's no supply present ( or little anyway ).
What will it take to generate more volume ?
Easy ..... higher prices !
That's how I see it ... That is My view..
Sideways movement is building cause...
ensuing result ? My judgement yes is upside breakout
when looks soon...
SSI is starting to get the press
shareholder info must be soon..
My read of the price and VOLUME action..
motorway
- Forums
- ASX - By Stock
- SSI
- "could be a ten bagger again"
"could be a ten bagger again", page-3
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)