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19.0¢ summit minerals limited

mention of SUM in small caps.com.au

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billytang

110 Posts.

9

12/06/24

16:38

Post #: 74282433
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Originally posted by $$$$$$$$: ↑

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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mention of SUM in
small caps.com.au

SUM Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 19.0¢		Change 0.000(0.00%)		Mkt cap ! $16.11M

Open	High	Low	Value	Volume
19.0¢	20.0¢	18.0¢	$119.5K	641.9K

Buyers (Bids)

No.	Vol.	Price($)
5	44774	19.0¢

Sellers (Offers)

Price($)	Vol.	No.
21.0¢	4700	1

View Market Depth

No.	Vol.	Price($)
5	44774	0.190
1	4000	0.185
4	78332	0.180
4	42840	0.175
4	45647	0.170

Price($)	Vol.	No.
0.210	4700	1
0.215	29608	1
0.220	89119	4
0.225	30000	1
0.230	13127	1

Last trade - 16.10pm 11/10/2024 (20 minute delay)

SUM (ASX) Chart

mention of SUM in small caps.com.au

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

Tonight's US CPI data could set the tone for November. What are markets expecting?

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ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

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Sellers (Offers)

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mention of SUM in small caps.com.au

Top Stories

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

Tonight's US CPI data could set the tone for November. What are markets expecting?

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

NRW Holdings inks $109M deal with BHP for works at Jimblebar

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

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Court process clears way for ARB to buy up 4 Wheel Parts business in the US

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News