I know a lot of day traders were selling this morning, a seller with just under a million was selling from 6c to 5.6 desperate to get out as could see him keep dropping his bid.
Once we dropped below 6c a lot of 50k parcels were stepping up, I guess mum and dad traders hit the panic button ' god what if it keeps dropping'
Now the smart money that sat back and waited are picking the shares up and the price is slowly recovering.
Its so easy to panic sell but its a horrible feeling when you just realised you didnt need too.
lets me honest there was no bad news just nothing to scream about.
Good Luck All
Have a great day
James
- Forums
- ASX - By Stock
- NWE
- my advice today ?
my advice today ?, page-8
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)