YOU ARE WATCHING A CANDLESTICK ...the flow of oxygen to it is being controlled.....nothing new.....the brokers involed in the nasdaq listing ...hold the control valves for the flow of oxygen.....the stock they hold will feed the nasdaq listing
...good for us...less to trade here....and biotech is the golden word in the US atm
....esp with major pharmas facing the loss of billions of dollars p.a when most of the patents run out this year ...this year alone the drug industry will lose control over more than 10 mega-medicines whose combined annual sales have neared $50 billion.....that's p.a
....so anything new on the market with good prospects is a major focus of attention....as the major pharmas will start bleeding revenue..and need to find new sources of future income.......
remember their share price will suffer...they will be downgraded to SELL....and the CEO etc will lose the big BONUS P.A ....
everyone anticipates takeovers....especially the americans.....in australian we are more conservative....too used to having the americans sink the boot into us just when we are onto a good thing....and leave us with diddly squat......
good to see a massive amount of local stock hit US shores...stay there and buy it up for what its really worth....good hunting....
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YOU ARE WATCHING A CANDLESTICK ...the flow of oxygen to it is...
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Open | High | Low | Value | Volume |
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---|---|---|
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10 | 67679 | 0.325 |
11 | 193888 | 0.320 |
1 | 25000 | 0.315 |
2 | 35400 | 0.310 |
5 | 103336 | 0.305 |
Price($) | Vol. | No. |
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0.340 | 674262 | 1 |
0.345 | 179754 | 4 |
0.350 | 527571 | 5 |
0.355 | 30000 | 1 |
0.360 | 51000 | 2 |
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