SMM 0.00% 0.3¢ somerset minerals limited

yeh i have been out all day too. nice surprise.makes me wonder...

  1. 15,811 Posts.
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    yeh i have been out all day too. nice surprise.

    makes me wonder who it was that was buying those big chunks at market yesterday. i thought it might have been techies, but now am thinking otherwise.

    as for the broker thing, well, it's fairly obvious that they are set and ready to sell at 35c when they tell you to buy up to 40c, and they are queued up at 12c when they tell you it is only worth 10c. that way, they manage to do their job and still take the lions share of the available profit.

    but at the end of the day, knowing all that doesn't mean we can achieve much by ignoring them entirely. i have far less influence with my measly capital than they do. crappy situation, but the market was never meant to be fair...

    just gotta hope they have no reason to want to go short again on this one. i am sure we haven't seen the end of the range trading but if the trend has been reversed i am more than happy.
 
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