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Recommendation, page-1094

  1. 14,239 Posts.
    lightbulb Created with Sketch. 4119

    Me too!

    This is what the screen actually looked like when Merchant told us there was a "small buyer" at 2.5c

    "Options for sale at 2.8c

    Small buyer at 2.5c

    Well overbought at 3c and 3.2c "

    Never mind that the seller at 2.8c was just as small as the small buyer or that there was another larger buy order for 300,000 directly behind the "small buyer" or that the next seller was miles away at 3.5c and for only 7,429 options with a value of just $260.
    This is what the screen looked like when he claimed it's overbought at 3c and 3.2c.

    https://hotcopper.com.au/data/attachments/6403/6403951-779eb857ed613e36c1665000da107238.jpg
    This is what it looks like now. 3 and 3.2 doesn't look overbought as I see it. Good luck getting any volume anywhere near 3c.


    https://hotcopper.com.au/data/attachments/6403/6403976-780eb9a6fed43db9e3f7c0e28b2d48e0.jpg

    Last edited by chuk: 23/08/24
 
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