Dear friends,
Opening 2nd thread because I really believe worth
Look at sp.
You can see 1 single seller placing and order to sell 18827 shares(at 4.34 to guarantee the market can't cross the close from yesterday), and another(or the same guy) placing an order to sell 5000 at 4.20.
Now you must quick answer to yourself.
If we were under a "big seller" enviroment to you really believe the will terrorize the SP and show... See ? no buyers the price will drop !!
Of course not.. who sells want sell for the best price... Why a "big seller" spent time placing at 8:00 in the morning(bif sellers work with brokers and they just wake up at 9 not at 8am)
If somebody here needs a prove today (like all other days) we have a huge prove the "works" is not typical of a big seller.. Is typical of people pushing the price down deliberatly..
Who does that ?
Who wnats to buy or sho is shorting.But the total of shorts is 293m is too low to justify so much movement down.
I remain with my position that "on top of some shorters, on top of some "big seller" we are dealing also with one big buyer.
Cato
i can prove
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Last
$1.84 |
Change
0.103(5.89%) |
Mkt cap ! $1.478B | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.85 | $1.78 | $7.401M | 4.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 100817 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 67523 | 35 |
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| Last trade - 14.14pm 26/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |