As I think I've said before on the SBM thread, the way it is behaving now, is exactly the way it's always behaved, since I began trading it in 2004. I mean, check out its chart - since its high of .75 in mid May 06, it's been zigging and zagging in what looks like a huge pennant formation.
Put simply, for whatever reason, nomatter the POG or the news, SBM is the most contrary, capricious, b!tch of a stock I've known.
I can't count the number of times it has sat sulking in it's own little pool of red in a sea of green. and I tear my hair out, and scream at the screen, then shuffle through all the announcements and there's never a coherent reason.
And then, when the screen is awash with red, plunging to the pits, it'll be gaily sailing upward, a joyful little spot of green, singing to itself as it has it's own little celebration - and again, I look for the reasons and there are none.
It's just one of those strange ones ...
One good thing though ... I mentioned the pennant formation before, which has been forming since early May last year ... perhaps it indicates the approach of a breakout ... who knows ...anything is possible with this stock.
I hold .... I like a bit of adrenalin .... .
- Forums
- ASX - By Stock
- SBM
- whats going on
whats going on, page-6
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SBM (ASX) to my watchlist
(20min delay)
|
|||||
Last
35.0¢ |
Change
-0.005(1.41%) |
Mkt cap ! $286.4M |
Open | High | Low | Value | Volume |
36.5¢ | 37.0¢ | 34.0¢ | $2.232M | 6.325M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 176558 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.5¢ | 671383 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 57000 | 0.350 |
1 | 30000 | 0.345 |
4 | 174764 | 0.340 |
1 | 79349 | 0.335 |
5 | 100000 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.355 | 60000 | 3 |
0.360 | 113316 | 6 |
0.365 | 169697 | 7 |
0.370 | 161271 | 11 |
0.375 | 354956 | 6 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
SBM (ASX) Chart |