Buy stocks when they are undervalued, sell stocks when they are overvalued. Everything else is just noise.
Right now MMS I believe is undervalued, my personal fair valuation is $13.83. I'll be buying them up to $11.06 (13.83*0.8), and selling them from $15.21 (13.83*1.1). If it stays in this range I'll be holding until something occurs that changes my valuation.
Good luck to the people who can skip in and out of a company on momentary swings in sentiment, I'm sure you can make a profit that way - but imho it's always attracted traders who might not have put the research time into properly valuing a company. Then it really becomes informed gambling, not investing.
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Last
$17.09 |
Change
0.000(0.00%) |
Mkt cap ! $1.190B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 71 | $17.94 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.24 | 748 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 71 | 17.940 |
1 | 5830 | 17.250 |
1 | 3529 | 17.150 |
1 | 130 | 17.090 |
1 | 130 | 17.080 |
Price($) | Vol. | No. |
---|---|---|
16.240 | 682 | 9 |
16.500 | 606 | 1 |
16.740 | 256 | 2 |
17.100 | 130 | 1 |
17.110 | 130 | 1 |
Last trade - 09.56am 15/08/2024 (20 minute delay) ? |
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MMS (ASX) Chart |
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