someone on hc (not in this thread ) buy stock that have dropped 80% (whatever they believe to be alot) 70%, 60% drop then buy into the stock - thinking it has less risk of dropping further and more chance of increasing. That their game plan.
The question is are you catching a falling knife or catching it at fair value - of course no one wants to pay 80% more. But there are some stock that crash cos its crap.
i can name a few stock that have dropped pretty bad
iiq
ado
rht
zip
cfo
bsx
General Discussion, page-821
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $443.5M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 17.0¢ | $1.087M | 6.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 200375 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 787496 | 25 |
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| ARU (ASX) Chart |