RCE 1.96% 50.0¢ recce pharmaceuticals ltd

Very little volume going through, looks like they are trying to...

  1. 77 Posts.
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    Very little volume going through, looks like they are trying to manage the sell off so the RSI don't bottom out triggering too much buying action for the shorts.
    Realistically the amount of shares available on the sell side is a lot less than I suspect most on here have in their individual portfolios. Personally I would be buying more but at the moment I have others in my portfolio trading at bigger discounts than my current 110% profit on RCE

    guess all I'm saying is if I drop another $100k on it tomorrow the price would magically move back up to 0.82c
    Its still very much being manipulated just look at the course of sales for the day...

    For me this has always been a very long term play and the day to day for me is irrelevant when contemplating what this could be worth at market in the years to come, who knows one day $1 daily movements may only be 1 or 2 percent of the share price !

    DYOR
 
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