THE STOCK NORMALLY OVERREACTS THE BAD ANNOUNCEMENT.
-First day will be dumped substantially at high volume,
-Second day will continue dropping but at SMALL loss
-Third day will recover some or over 20%
Hate to say it, but I am about to prove your theory dead wrong. I've never owned this stock but became interested after the big plunge on Thursday. Despite my gut telling me not to, I inexplicably cancelled a buy order at 4.2 yesterday morning, and missed the run to 4.7. Then it pulled back to 4.2 and looked to have great support there late in the day, so I took a position. Sure enough, for no apparent reason and completely out of the blue, support then collapsed instantly, two levels gone in a flash. Because I was punished for cancelling my first order and missing out on a quick easy profit, I now must be punished again for having the audacity to think I could be given a second chance. There will be NO RALLY beyond my entry price, let alone a 20% rally or the 50% some others are talking about.
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Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $44.81M |
Open | High | Low | Value | Volume |
49.0¢ | 49.0¢ | 48.5¢ | $30.20K | 61.65K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18945 | 48.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.0¢ | 6324 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18945 | 0.485 |
1 | 2100 | 0.475 |
1 | 42553 | 0.470 |
1 | 3000 | 0.465 |
1 | 38794 | 0.440 |
Price($) | Vol. | No. |
---|---|---|
0.495 | 420381 | 3 |
0.500 | 867 | 1 |
0.505 | 30348 | 3 |
0.510 | 69630 | 3 |
0.515 | 3257 | 1 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
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