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
$17.45 |
Change
0.100(0.58%) |
Mkt cap ! $1.215B |
Open | High | Low | Value | Volume |
$17.30 | $17.55 | $17.26 | $3.186M | 183.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 496 | $17.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.52 | 1809 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 496 | 17.410 |
1 | 496 | 17.390 |
1 | 496 | 17.380 |
1 | 496 | 17.360 |
2 | 386 | 17.350 |
Price($) | Vol. | No. |
---|---|---|
17.520 | 1809 | 2 |
17.530 | 496 | 1 |
17.550 | 496 | 1 |
17.650 | 265 | 1 |
17.680 | 1150 | 1 |
Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
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MMS (ASX) Chart |