“For anyone who thinks that because a stock finishes on a high its destined to go up the next day, then you should think again.”
Sure... but it has a better chance of going up than a share that closed at its low. It is just an indication that the buyers entered and beat the sellers for the day. Volume matters but.
“I bet less than 5 people ever owned FDL when it was 1c!!!”
Absolutely...and I have no time for anyone who held this share at 1 cent when it was sliding down. Most of us got interested when they announced the massive ironore reserve next door to Twiggy.
FDL
flinders diamonds limited
