I agree this fall is purely based on sentiment, with sellers only seeing the worst-case scenario. While I think that investment funds have suffered in a real way, it's hard to neglect NGI's strong balance sheet and that their performance does not stray from other funds. The fund has already fallen from $3.55 to $1.30, that's a 64% loss that has been shaped by fear. NGI will come back from this in a real way and it already seems like many investors have caught on to the overselling. It wouldn't surprise me if there was a complete shift from oversold to overbought in the coming days as the institutions move out and punters move in.
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I agree this fall is purely based on sentiment, with sellers...
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Last
$1.76 |
Change
0.000(0.00%) |
Mkt cap ! $860.0M |
Open | High | Low | Value | Volume |
$1.75 | $1.77 | $1.75 | $3.128K | 1.778K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1102 | $1.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.77 | 515 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 280 | 1.755 |
5 | 17050 | 1.750 |
1 | 439 | 1.745 |
1 | 439 | 1.740 |
1 | 845 | 1.735 |
Price($) | Vol. | No. |
---|---|---|
1.765 | 378 | 6 |
1.770 | 239 | 1 |
1.775 | 10850 | 2 |
1.780 | 9000 | 1 |
1.785 | 3842 | 2 |
Last trade - 12.17pm 11/10/2024 (20 minute delay) ? |
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