BUR 0.00% 7.4¢ burley minerals ltd

moeller 1 spudded, page-20

  1. 11,875 Posts.

    10 - 10.5 is a huge % gain and I was hoping today that the traders would abandon trying to make 1 pip 5% gains on it, but when the overall market tanked the momentum was already lost and the selling below 10 cents started. a real shame

    I have seen this happen many times before, traders buying as much stock at 10 and below and then putting it straight back onto the market at 10.5 for 5%. I do it myself! 10.5 is my favourite price to sell at, just sold some Azure at that point myself!

    no bank pays that sort of return in a day

    the sooner the ASX makes the 10-20 range in .2 increments rather than 0.5, the sooner this wont be a problem.


 
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