FAR 1.02% 48.5¢ far limited

look far ahead, page-8

  1. 9,492 Posts.
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    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
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
FAR (ASX) Chart
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