PSL 6.90% 2.7¢ paterson resources ltd

Disallowed potential, page-2

  1. 6,340 Posts.
    lightbulb Created with Sketch. 250
    Yep. It has had massive potential for months now, nothing new.

    I exited at 1.2.

    PPP pumped this stock today which was a clear sign to exit at a high, and to re-enter at a lower point. Perhaps 0.009 or 0.010 in the future.

    There is no reason for this pump to continue tomorrow. The reason it pumped last time was the hype over the head of a boutique stock broker buying in for $400,000 (to which he dumped all holdings for 50% profit the next day), along with PPP report. Together they caused a bit of a whirlwind pump to 1.8c.

    This time there is no follow up. No news expected in the next week or two, there is no recent major holder buying in, there is nothing. The pump dies, and slowly we will see people exit and the stock will bleed out.
 
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Last
2.7¢
Change
-0.002(6.90%)
Mkt cap ! $12.31M
Open High Low Value Volume
2.7¢ 2.7¢ 2.0¢ $19.06K 751.7K

Buyers (Bids)

No. Vol. Price($)
3 337315 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 862741 3
View Market Depth
Last trade - 10.39am 30/07/2024 (20 minute delay) ?
PSL (ASX) Chart
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