Timmo says,
"Right now if you were following the pure TA view and waiting for a HL then you would have missed out on a 35% week as its too risky to buy into a rising market."
True but more importantly for a low @ 50 cents $100,000 you got 200,000 shares,
whereas for the HL @ 60 cents (if you pick it, which you probably won't), you get 166,000 shares so that's 34000 fewer shares, which if you hold to $2 means
200,000 x 1.5 equals 300,000 profit verses
167,000 x 1.4 equals 233,800 profit.
And,if you hold to $3, $500,000 vs $400,800 profit
That's why I'm already in!!!!!
Don't be fooled. Get in as soon as the trend changes or even lower if you can follow your gut feeling that it will change 'cos that maths is where the profit lies.
So....
Those in the know
Get in low,
Suffer the blow,
Then let it flow!!!!
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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1 | 10000 | 5.910 |
3 | 16086 | 5.900 |
2 | 22232 | 5.890 |
1 | 12232 | 5.880 |
Price($) | Vol. | No. |
---|---|---|
5.940 | 999 | 1 |
5.950 | 12264 | 5 |
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