some placement getters selling into 'exuberant' opening.
IMHO placement getters go for short term profits of 10%+ as quick as possible so as to take their sophisticated high nett worth off into something else that's going.
I reckon that there is a pool of these 'sophisticated' that is catered for by many different stockbroker ie they are a limited number on many books not just on a specialist Broker as PEK and Shaws.
If this is so then their behavior can be tracked and anticipated such as selling into any minor Rally rather than topping up on a long term position.
I'm talking a significant Most of Placement Takers,maybe not the couple Rameez knows in PEK.
happy trading is anticipating possible price/market momentum causes.
some placement getters selling into 'exuberant' opening.IMHO...
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $29.30M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.0¢ | $41.91K | 374.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 509059 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 53766 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PEK (ASX) Chart |