I have been watching the US markets over the last week and have been comparing it to ADY. Obviously both have had a poor week. In light of the 1.38% decrease in the dow on Friday i do not believe that we will have a very good night tonight.
If the Dow does not improve over the next couple of days i can see ADY falling to a minimum of 19c this week. After the sp is at this low i believe we can only see good things for the future, everyone knows this is a strong stock.
I believe i will wait in till the sp hits 19c and buy approx 210,000 of them. This stock will definitly bounce back its just about finding the best buy in price and taking advantage of the crash. I enjoy speculative share trading and this is my top pick.
lowest sp before recovery
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Last
0.7¢ |
Change
-0.002(22.2%) |
Mkt cap ! $11.40M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $4.984K | 642.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1320820 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1210000 | 3 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ADY (ASX) Chart |