posted the same on cul
remember this great advice?
" He posts messages across all the popular investment forums, with headings like "The next ......." mentioning some recent stock that has taken off into the stratosphere. He will post several times a day, on the same thread. There will be much reference to "having gone into this in detail" -- thereby saving you the time -- and having an intimate knowledge of the company -- hinting at inside information. With little or no technical analysis, or else some shaky assertions about a double bottom, a broad base or a breakout, price targets are pulled out of thin air. If the stock is trading at 8 cents, we may see a claim that "this could go to a $1.50" or similar extravagance...Every time that our punters dive into the stock, the price goes up...The more price rises, the more excited the punters become. Our hero is now acclaimed as a stock guru and his advice is eagerly sought on other new finds...The rising price attracts more and more punters, eager to get in on the action, until there is a veritable feeding frenzy. At this stage our chef starts selling into the face of the rally, steadily offloading his line at a profit of several hundred percent. Buying is strong, so initially no one notices. Price no longer spurts ahead as before, but it still edges upwards, albeit on very heavy volume. Some of the volume and money flow indicators start to tick downwards. By this time our chef is cleaning out the remaining few stragglers before heading off for fresher pastures. He goes silent or, if he has a malicious streak, announces that he is "taking profits".
With buying support dissipated there is a rush for the exits. The stock tanks; falling back to the previous trading range and leaving our band of punters cursing their luck -- until the next time."
now who fits this profile here?? some OLD foxy trader?
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Last
1.6¢ |
Change
-0.002(11.1%) |
Mkt cap ! $10.43M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.6¢ | $1.127K | 70.41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 48333 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 14163 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 48333 | 0.016 |
2 | 250000 | 0.015 |
2 | 201038 | 0.014 |
1 | 64383 | 0.008 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 14163 | 1 |
0.020 | 137280 | 1 |
0.022 | 78947 | 1 |
0.023 | 9000 | 1 |
0.027 | 350000 | 1 |
Last trade - 10.07am 23/07/2024 (20 minute delay) ? |
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