hi @blackphantom
Yes the “sophisticated investors” you’re describing do indeed do that. It’s the low risk strategy and I have no drama with it. I don’t play that way so personally I don’t really care what they do, so long as it’s not overly built on inside information that we all should know. Instead I’ve learned over 25+ years of doing this how to let them play their game to my advantage.
I suspect that the net selling would be a lot of placement selling which I think is what you are getting at. That’s the game - and it’s been a good one to clip a number of tickets along the way.
TA - charts, price action, page-604
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Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $11.06M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $9.953K | 746.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 3517172 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 443903 | 9 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| REE (ASX) Chart |