metoo, for example....if, say, a share price was $1 and someone simply posted "this is going to either 5c get out while you can" or "this is going to 10 bucks get on while you can" then that would be ramping but.....
"this is going much lower in my opinion for reasons 1, 2 and 3, We saw a simliar stock x lose 95% of it's value for Y reasons therefore this could even end up at 5c"
this post would be acceptable as the poster has put some thought and effort in and given reasons. Doesn't have to be fundamentals thouh....a chartist opinion is also valid. If they are wrong then it is your job to debate them and lay out the reasons why they are wrong so that issues are thrashed out and everyone learns something. Often, and waaay too often lately, stocks have made those sort of dramatic falls. Stocks that are one day market darlings and the source of great euphoria head for the dog house the next....so mods won't moderate if large swings are predicted PROVIDED a thoughtful attempt has been made to back up a claim.
Have a look at stocks like SDL and MAD....once HC favourites, the contrarian posters were demonized and branded as downrampers with ulterior motives and none of the stock supporters thought it possible in a million years that these stocks could reach such basement levels....and yet that's where they now are.
My disclaimer: I'm not saying that will happen here. As I said earlier, I know zip about this stock....what I am saying is you need to be careful in this market is all. We have seen it happen too often to shut down the contrarian poster simply because other posters don't like their opinion.
- Forums
- ASX - By Stock
- M4M
- kogi iron trains eyes on old steelworks
kogi iron trains eyes on old steelworks, page-35
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add M4M (ASX) to my watchlist
|
|||||
Last
2.7¢ |
Change
-0.001(3.57%) |
Mkt cap ! $97.15M |
Open | High | Low | Value | Volume |
2.8¢ | 2.8¢ | 2.6¢ | $21.72K | 808.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 671825 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 958054 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 671787 | 0.026 |
4 | 1449000 | 0.025 |
7 | 2021594 | 0.024 |
4 | 2493089 | 0.023 |
1 | 36000 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 958054 | 5 |
0.029 | 218520 | 2 |
0.030 | 1674170 | 6 |
0.031 | 505000 | 2 |
0.032 | 809187 | 3 |
Last trade - 12.58pm 15/08/2024 (20 minute delay) ? |
Featured News
M4M (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online