Isn't the only way to make money in shares to bet against the market?
If the market is all knowing and wise, then the current share price of any stock is exactly as it should be and then one can make no speculation of a change in price.
Any trade involves speculation to some extent that the price will move in a certain direction in the future. Based on either chart patterns, fundamentals, research, insider knowledge or a wild guess you need to bet the market is not right.
I can guarantee the market is wrong on NEU. They will either succeed and the share price will soar, or they will fail and the price will tank. The current share price indicates some middle ground, but in reality there is none. Got to back the horse one way or the other.
Isn't the only way to make money in shares to bet against the...
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Last
$17.09 |
Change
0.000(0.00%) |
Mkt cap ! $2.184B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8 | $18.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.00 | 3429 | 4 |
View Market Depth
| Last trade - 14.30pm 08/08/2024 (20 minute delay) ? |
| NEU (ASX) Chart |
Day chart unavailable