AAR 2.90% 7.1¢ astral resources nl

pscyhology

  1. 9,188 Posts.
    Guys,

    Lets just take a step back and realise that at the moment, rationality has take a back seat.

    Pscyhology - and traders simply trying to exited after buying in at 11 yesterday - has simply taken over

    Momentum is changing on the dime, so use your wits and take advantage of the irrationality by picking the bargains on the dips.

    Once another 10mn goes through, these irrational traders will be close to out, and the holders whom know the full value of the company will be in control and shares will become scare.

    This illiquidity will drive substantial % gains, but as ive said, at the moment it is pscyhology that is prevailing. But that shouldn't last for much longer. Maybe 2-3 days...so this week tops.


    Cheers!
 
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Last trade - 15.46pm 06/08/2024 (20 minute delay) ?
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