KAR 2.78% $1.48 karoon energy ltd

some light, page-25

  1. 7,294 Posts.
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    Dear Marwoode- dear Grizzele- Dear Black

    Well... short and straight...
    Marwoode-Grizzle..
    I dont carry OGX shares and I know this is related with Eike Batista holdings. Is one the most short shares.I don't have too much to say about Mr Batista. Just he made a fortune and he burned a fortune...He is that kind of guys that you dont know how he could make 1 bilion and also after while you discover he also lost other bilion..

    I personally dislike heavily thinks and guys like that,,

    I prefer companies and entrepeneurs capable to make 1 single and modest milion,but after few years you search and you discover the guy have now... 1.6 milion..

    Could not sound too much but this is a kind of people I like be associate inclusive as an investor.
    Better some all time than a lot one moment and zero in the next!

    Black..

    WhenI told about buyers and sellers lets explain better,,,

    Every day when the market close I take note the total of buyers and SP and total of seller. I take that "photo" in 3 moments... 10 minutes earlier than 4pm... Exactyly at 4:10
    and about 3 hours later or maybe at next day at 7 am..

    TYhat scenario gives you an interesting correlation..I take note..

    Its easy put 10 cents up (or down) the current price and pretend you are seller or buyer... You are not... You are just trying create imp[ression the sp have PLENTY of sellers(or buyers)..

    Meaning... the number "per si" means absolutely nothing...

    But the relation buyers x sellers can shows a lot.

    Imagine

    day 1 1,000,000 buyers 5,000,000 sellers
    day 2 1,000,100 buyers 4,800,000 sellers
    day 3 1,150,000 buyers 4,500,000 sellers

    Of course they can be material to be manipulated,but yoiui must have plenty of cash available (and that show something) or plenty of shares to just pretend you are seller.

    The relation buyers x sellers is the one I told was increasing... for few days in a row I can notice the sellers side that was consitentely 600,000 drop to 500,000 drop to 400,000 and now looks is going to 300,000
    In other side the buyers side from catastrophic 40,000 or 50,000 slowly is gaining momentum and crossing 100,000 and now in the way to 150 or 200,000

    That relation several times is one early indicator of some steam sell or steam buy..

    That was the point that I adressed.

    Good day evrybody!!!

    Cato
 
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Last
$1.48
Change
0.040(2.78%)
Mkt cap ! $1.187B
Open High Low Value Volume
$1.48 $1.50 $1.43 $9.575M 6.503M

Buyers (Bids)

No. Vol. Price($)
2 32083 $1.48
 

Sellers (Offers)

Price($) Vol. No.
$1.49 9716 1
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Last trade - 16.10pm 12/09/2024 (20 minute delay) ?
KAR (ASX) Chart
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