I think @Vulture probably had it right that some exhaustion has crept in, the AJX regulars know whats on the plate and are all set, I'm certainly uninterested in topping up above 80 cents, certainly not without new developments or confirmation as to what we think is going to happen, as a I have enough exposure. Add to this a potential drop off in information during the SEC blackout period and institutions jockeying for position to try and manipulate the IPO price window and shake out weaker hands and a period of softness is inevitable. The question is how low will it drift and how long will we wait for news? Although it'd take a brave soul to time this one all that well.
TA discussion, page-1005
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Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $1.8K | 200K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1437000 | 0.8¢ |
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Price($) | Vol. | No. |
---|---|---|
0.9¢ | 69141 | 1 |
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6 | 1437000 | 0.008 |
5 | 3810194 | 0.007 |
3 | 414667 | 0.006 |
1 | 300000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 69141 | 1 |
0.010 | 165455 | 2 |
0.011 | 986958 | 3 |
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