IMC 9.09% 10.0¢ immuron limited

IMC foolish holders, page-31

  1. 2,453 Posts.
    lightbulb Created with Sketch. 32
    Same here. I reckon if they fill it's good, but if it moves on and finds 60c, no one is going to be looking back as they'll be too busy looking forward and trying to pick the next price level up.

    The other thing is, the stock is tight and hard to come by. It's not liquid. So moves can be violent in either direction. This stock definitely favours investors who are happy to sit on their hands and take a medium-longterm view. Short term traders have other stocks to play where pips can be traded by the hundreds of thousands of units. Hard to do that here.

    Those who sit tight, and stay right will be rewarded here.
 
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