What I am saying is that traders only add volatility.. I am happy to see it inching its way up. Traders would like a stock like DCC (DigitalX) check out the graph.
If you are planning to be a daytrader on this stock, its probably a wrong one to choose (DCC may be a more exciting adrenaline flowing stock with pump and dump , repeated a few times over the course of a week).
IMO, this one is Hold, and if it comes down, Buy a bit more, if it goes up and the news validate a higher re-rating, buy more since MC is still below $100m.
Its a right strategy IMO until it starts reaching $200m and then you assess the pipeline (its got to have a material and I mean material contract to boot). Look at CAT, all the way up until around $250m then numbers don't stack up and down it goes. The risk IMO starts to build up after instos come in and if the stock does not meet expectations. If it does , of course, it can be an APPEN and shoot the daylights.
What I am saying is that traders only add volatility.. I am...
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.82M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 88978 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 200000 | 1 |
View Market Depth
| Last trade - 16.14pm 19/04/2024 (20 minute delay) ? |
| YOJ (ASX) Chart |
Day chart unavailable