Not sure why folks are interested in my trading of other stocks but seeing as you want to have a crack then here's some facts.
So what you do is to get in early at under 1 cent and accumulate like mad all the way to .015 cents for bugger all capital outlay. Sit on your 3mill.
Then start distributing at 32 cents (well documented on the threads) and sell all the way to .625 cents where you only get your order partially filled at the very top.
Now that stock was pumped to a ridiculous MC and was always going to retrace heavily even though making the ASX200.
From there it's been nothing but a brilliant trading stock and still provides opportunities regularly. And of course you are going to give a lot of attention to a stock so good to you.
The data say that I've traded IMU 638 times. (I thought it would have been more)
So as I've said most stocks get to have a very special run, yes that stock had it's run and this stock has had its one too. From there they become a trading stock only IMO.
Question is, do you think a stock has another huge run it? Be serious don't just run on hopium!
Did you even know that DRE had already seen the heady heights of over $400 per share in May of 2007? I'm sure it was a different stock back then but facts are facts.
Monthly chart.
But when we come back to the last 5 years on a weekly chart then you can see that it had its 15 bagger.
Currently your daily is finding more reasons to step lower and will continue until that lower green bollie band reverses upwards indicating a temporary halt to the fall until things reset.
Let's try and keep discussions to DRE as you guys will be brought undone too easily. There's no doubt that this stock will have its pumps and spikes in the future so standby. But no-one should be surprised of the performance of a very high SOI Aussie explorer. Maybe they need to change their name again???
Cheers
(20min delay)