I always cringe when I hear posts such as $2 club etc, there should be an indicator for hc that shows the number of threads that talk about stocks in this manner, ton in the month of July when it was somewhere around 80c showed this level of excitement. Btw same thing happened to lyc years ago there was at talk of $10 club when it was around $3. When everyone in bullish and hardly anyone bearish that's the time to actually be scared...
July was quite spectacular, It has been quite some time since I have seen so many penny stocks running at the same time, penny stocks run when confidence is high, but when than confidence is taken away look out....
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Last
8,597.7 |
Change
56.600(0.66%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,541.1 | 8,613.0 | 8,536.7 |
| XJO (ASX) Chart |