IDC 0.00% 0.0¢ indochine mining limited

In addition to everything said, if there is a strong...

  1. 5,577 Posts.
    In addition to everything said, if there is a strong announcement, and there are a few orders at 10c and you wish to purchase stock before it skyrockets. At what value will you purchase your stock? Anything of a lower value will mean you will not fulfil your order, although anything above simply assists the brokers intentions of a skyrocketing price. Generally people will purchase stock with the intention of achieving it before others.

    The first high entry generally leads the way and gives an indication to other investors the value to be purchasing stock. Relating to our last trading halt, the first broker entry was at 0.085 which was not far off the open of 0.088. Also another thing to keep in mind, an individual with a higher purchasing price always fills his orders first. Therefore in the case a B:S is wiped or reduced due to a huge announcement, and there are limited sellers, everyone competes to be that first buyer.

    Essentially what I am saying, if there is a fantastic announcement released come Friday, investors will not be competing for anything lower than the highest price which at this point is 10c. As they are intending to get in first.
 
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