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04/07/20
09:44
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Originally posted by Guaranteed Profits:
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HWK had been coming up on my scans a few times. First saw it on 19 June and it came up again on 2 July but I wasn’t a big fan of the downtrend so didn’t touch it. It had an announcement yesterday too though “950% increase in landholding at western desert project” so that probably helped it. The volume going through at the open was almost the same as what went through it all day on Thursday but it was a big gap up and so was OSP so I was too scared to touch them. In hindsight you could have made quick good money if you got in at the open and sold about 5 minutes later. After that I thought they were both stuffed but OSP bounced back and HWK didn’t. OSP going up cause apparently some GE deal is supposed to be happening so hopefully it does for whoever has bought in because when I saw it on Thursday it just looked like another down trending pump and dumper but if there is a good announcement out on it soon it might end up being ok. Market is definitely pretty crazy at the moment though.
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Next week will be just as crazy as 10k super flows in and those late to the party that didn't invest on market will have been listening to their friends about "how easy it is" will be dipping their toes in. Then you will have the super traders who made money so will be doubling down ... I expect some crazy days next week