Australia's largest stock trading and investment forum Australia's #1 stock forum

OGX

Click for more information

0.00%

0.3¢ orinoco gold limited

You mentioned your other stocks are about to pop!What are you...

First 4 Last

Share
Profile

Follow
BondJamesBond

284 Posts.

130

03/10/18

12:12

Post #: 35975644
Share

Originally posted by VivaLaVida: ↑

Of course speculative stocks are more vulnerable! That, in part, is what makes them fodder for easy manipulation.

The question is why embark on the manipulation in the first instance... the answer to me seems to be "cause there's money to be made"!? And yes - playing for pips with price movements bouncing between a few cents will make some money... but the big money is to be made by accumulating and then riding the price back up.

And this morning's opening auction was a classic and very obvious example of the game being played - hence I shared my thoughts on the subject (and OGX is by no means the only stock I see this happening on!)

As I've previously declared, I sold out of OGX a while back - but only cause I have another holding that I'm much more invested in about to pop (well two actually - and both are on the rise). I have no vested interested in up/down ramping OGX.

But I hang around here, cause I think OGX has great potential and it's on my list to re-invest when my other holding pops and I look to diversify again.

Expand

You mentioned your other stocks are about to pop!

What are you investing in that you're so sure of? Pringles?

OGX Price at posting: 2.7¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

EEG

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

CLE

Cyclone signs MOU with Vale for development of Iron Bear play

CUF

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

HotCopper Highlights: Your most watched stocks for Week 46, 2024

First 4 Last

Add OGX (ASX) to my watchlist

SPONSORED BY