Mate, you have no clue. Its been said several times that RAC isnt a tradable stock as it is illiquid. You should know this as your well announced buys always happen at higher price points. That is, you drive the price up with your buys as you dont understand how to accumulate an illiquid stock. Once your buy is done, any sell order knocks the price down.
This alone makes RAC higher in risk. If you or any holder has to reduce their holding the price will fall. In fact you are unable to completely offload your holding due to lack of liquidity. This point is not understood buy you. in fact i find it comical, as you boast of selling property for a profit at short notice, with the intention of locking that money away here.
You are totally at the mercy of other RAC holders not selling their shares to prevent your inappropriately planned buys showing more red.
Never become emotionally attached to an investment. Pressing the buy button is easy. Anyone can do that. But Pressing the sell button is the hard bit. And this must be done to lock any profit in. Other wise you ride the price to whatever high it achieves and all the way down again.
So one last time, RAC is not a trading stock. There is not enough volume to allow this.
- Forums
- ASX - By Stock
- RAC - Charts & Price Action
Mate, you have no clue. Its been said several times that RAC...
-
- There are more pages in this discussion • 1,469 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RAC (ASX) to my watchlist
|
|||||
Last
$1.71 |
Change
0.010(0.59%) |
Mkt cap ! $291.3M |
Open | High | Low | Value | Volume |
$1.76 | $1.79 | $1.66 | $307.6K | 176.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 615 | $1.62 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.74 | 609 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 615 | 1.620 |
1 | 12000 | 1.615 |
1 | 20000 | 1.610 |
3 | 21625 | 1.600 |
1 | 1279 | 1.555 |
Price($) | Vol. | No. |
---|---|---|
1.735 | 609 | 1 |
1.800 | 13808 | 4 |
1.820 | 4000 | 3 |
1.830 | 4000 | 1 |
1.850 | 14401 | 2 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
Featured News
RAC (ASX) Chart |