I think under the right circumstances yes but if a 70 million sell order suddenly appeared in the queue I'd say quite a few might reconsider. That's exactly why sellers like that hover off-screen and then swoop.
There is also a difference between this morning's action and the afternoon. The morning was driven by the sellers getting out and it's highly likely that many of the buys weren't necessarily voluntary (ie. they were queued and caught off-guard) but that said, some people in the afternoon have actually chosen to buy. What their motivation is, we are not to know but the preposterous idea floated by one prominent poster that all these shares have been purchased by Alan Boyd doesn't help the conversation. It must also be noted that there are still people lined up willing to get out at 0.06 if anyone will take their shares so that's not inspiring confidence either.
- Forums
- ASX - By Stock
- TV2
- Divan TV
Divan TV, page-113
-
-
- There are more pages in this discussion • 210 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TV2 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
Previous Video
Next Video
SPONSORED BY The Market Online