Its Over, page-166

  1. 21,169 Posts.
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    https://hotcopper.com.au/threads/its-over.4002109/page-157?post_id=33960021#.Wzrxek8UmAg
    My post on 26 June 18
    "A 17point drop on ASX200 but a sharp selloff in the small/microcap space. The red ink hasn't yet dried yet it appears with EOFY selloff coupled with potential threat of technical breaches in investor mindset. On the stocks on my watch-list that I have been tracking, today marks the lowest ebb reached collectively by that portfolio of stocks.

    It may have been procrastination in not taking a smaller profit or cutting loss earlier, but most may be thinking it is now too late to sell. So look out for a dead cat bounce - a short rally only for people waiting to unload in July after EOFY, be careful about buying into those falling knives stocks"

    Dead cat bounce rally fizzled out as expected as the market had to contend with China market skittishness (which slid slightly over 10% in the last month). IMO Sure way of losing money buying into what only appeared to be transient exuberance after EOFY.


    Column 1 Column 2 Column 3 Column 4 Column 5
    0 COVERAGE DATE STOCKS PRICE ON COVERAGE DATE PRICE @MIDDAY GAIN%
    1 29/6 BYE $ 0.340 $ 0.340 0.0%
    2 28/6 ATC $ 0.195 $ 0.195 0.0%
    3 18/6 A2M $ 10.780 $ 10.750 -0.3%
    4 18/6 CGC $ 8.750 $ 7.895 -9.8%
    5 14/6 NZK $ 2.240 $ 2.190 -2.2%
    6 4/6 BUB $ 0.830 $ 0.765 -7.8%
    7 15/5 SW1 $ 0.410 $ 0.350 -14.6%
    8 14/5 RHC $ 65.420 $ 53.940 -17.5%
    9 9/5 FYI $ 0.145 $ 0.115 -20.7%
    10 3/5 4DS $ 0.057 $ 0.044 -22.8%
    11 2/5 PME $ 8.150 $ 7.770 -4.7%
    12 1/5 TTT $ 1.540 $ 2.450 59.1%
    13 30/4 CTD $ 24.880 $ 27.080 8.8%
    14 18/4 CLV $ 1.030 $ 1.475 43.2%
    15 18/4 VIV $ 0.054 $ 0.047 -13.0%
    16 11/4 APX $ 8.820 $ 13.300 50.8%
    17 11/4 BHP $ 29.440 $ 32.960 12.0%
    18 11/4 PPS $ 0.595 $ 0.860 44.5%
    19 11/4 PTB $ 0.545 $ 0.610 11.9%
 
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