Australia's largest stock trading and investment forum Australia's #1 stock forum

AJX

Click for more information

5.00%

1.1¢ alexium international group limited

Listening., page-67

First 67 Last

Share
Profile

Follow
skippa

1,303 Posts.

25

24/08/17

16:19

Post #: 26733891
Share

Originally posted by ARMCH ↑

Anyone who takes the time can watch a master class in accumulation. The buyer/s who have/has been hoovering up shares right through this downleg must be pinching themselves and hoping nobody notices. Forget about small parcel algorithmic accumulation for the moment but concentrate on the larger parcels. Repetitively a medium size string of parcels is bought from off screen in a single pass and at the end of each string either within the same timestamp or within a second the SP is flipped back to the bid price with a piddling parcel sell.

So the buyer picks up a decent but not extravagant parcel, socks the SP back to the bid price in a blink and keeps stepping on sentiment so that more holders line up to hand over their stocks. Add in a few random small parcels sells and it just keeps rolling on. Occasionally there are a few dumps from folding holders which help to kick the bearish momentum along and occasionally they let the throttle back off to bring in some more supply.

I am fully in and find it frustrating that I can't join the picnic at these prices.

Expand

So far, those that have handed over their stock in the 90's, 80's, 70's, 60's, 50's and even 40's have all made the right choice. Time will tell!

AJX Price at posting: 41.5¢ Sentiment: Sell Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

BIO

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

BOE

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

IVZ

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

PAM

PAM secures high-grade Chilean copper play in strong territory

AZL

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

There are more pages in this discussion • 37 more messages in this thread...

First 67 Last

Add AJX (ASX) to my watchlist

(20min delay)
Last 1.1¢		Change 0.001(5.00%)		Mkt cap ! $16.40M

Open	High	Low	Value	Volume
1.0¢	1.1¢	1.0¢	$949	92.52K

Buyers (Bids)

No.	Vol.	Price($)
4	3818784	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	153350	3

View Market Depth

No.	Vol.	Price($)
4	3818784	0.010
4	616765	0.009
2	182600	0.008
1	200000	0.007
2	378000	0.006

Price($)	Vol.	No.
0.011	153350	3
0.012	45455	1
0.013	758914	2
0.014	564269	2
0.015	1200	1

Last trade - 14.38pm 29/07/2024 (20 minute delay)

AJX (ASX) Chart