Once again, you're making straw-man arguments. I never said AGY "needed" shorts to support buying. I pointed out that having shorts can actually benefit the share price (and this applies to any company, not just AGY). I even gave a clear example where AGY's share price did benefit from having shorts in the mix. But instead of acknowledging that this price spike was due to the shorts (essentially a gift for those who took it, like @Sdaji), you got overwhelmed with excitement at the time. You were too busy boasting about how you must have been right by calling the low at 9 cents ("9.1c was a gift") and claiming that "those waiting for lower prices would probably end up paying twice as much," and that "capitulation is done."
It seems like the only one with FOMO was you, considering your large buys in the 9 cent range. You ended up paying almost triple what you could have if you'd just shown a little patience.
Simple.
Oh and let's not forget that on the same day, you were busy exclaiming that you "very strongly doubted Pierre's call of 6-7c was anywhere near being on the cards".
How wrong you were..........
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Last
3.9¢ |
Change
0.001(2.63%) |
Mkt cap ! $58.23M |
Open | High | Low | Value | Volume |
4.0¢ | 4.1¢ | 3.9¢ | $132.6K | 3.278M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 327857 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 254236 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 328627 | 0.039 |
4 | 872154 | 0.038 |
7 | 863148 | 0.037 |
25 | 2560708 | 0.036 |
25 | 2513178 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 254236 | 3 |
0.041 | 307789 | 4 |
0.042 | 1554896 | 11 |
0.043 | 1953125 | 3 |
0.044 | 1329726 | 9 |
Last trade - 11.15am 07/10/2024 (20 minute delay) ? |
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