SUM 1.85% 26.5¢ summit minerals limited

All the T2's who are used the banks money and can't actually...

  1. 8,247 Posts.
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    All the T2's who are used the banks money and can't actually afford it,
    Will have to sell Today.

    It is often T2's and Day Traders that wreck the first couple of days of a Run,
    As they T2 with money they really do not have and cannot afford to cover,
    Basically trying to gamble with money that isn't even theirs.

    So many would have jumped in Yesterday,
    And need to sell Today whatever the price.
    Some would have jumped in at 37cents and higher,
    And will need to take a loss.

    They actually need to jump ahead of one another to sell,
    Essentially they are the ones ripping eachother off
    As they are so desperate to sell
    and 100% do not have the funds to cover.

    That is really their own problem but is often clearly seen,
    The day after a run,
    Or an excellent Announcement,
    As they NEED to sell they have no choice and the banks and brokers know that.

    It's a T2 trap.

    Once they are gone the real run begins.

    With the Real Shareholders
    looking at the Real Value
    and Long Term Gains....
 
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26.5¢
Change
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27.0¢ 28.5¢ 26.5¢ $256.6K 931.8K

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No. Vol. Price($)
3 14431 26.5¢
 

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Price($) Vol. No.
27.0¢ 15634 1
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Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
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