Footmax, It’s not forcing down the price that does this. Short term trading works by selling and buying lower,
In this case a few years ago Slick was making a killing here, as 28,000 me punters climbed onboard. But unfortunately he wrote his own headline “ Slick strikes Gold at IMU”. every dreamer going turned up to try their luck, Steini got onto it Slick taught him how to do it. Steini bragged every successful trade how much he was making, Now with all the detailed instructions on the Charts thread hundreds of punters are here looking for gold. They make money by taking it from the new shareholders.?But these days there aren’t enough mugs to keep buying.
A new young investor said to me this week, “I’m going to buy more. A lot more. I’m reading the chartist on HC. To make sure I buy low. “. So his bid is way down, from the current SP.
Hence it’s dropping. It’s not rocket science .
More sellers than buyers price goes down,
That’s why it’s still stepping down even though Regal moved on a long time ago,
This won’t change until huge news attracts in big funds. That’s why they call these stocks species
If you prefer to believe in mythical shorters out to get IMU more than any of the other 2500 asx stocks and it helps you sleep. Good for you.
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Last
5.1¢ |
Change
0.001(2.00%) |
Mkt cap ! $374.8M |
Open | High | Low | Value | Volume |
5.1¢ | 5.3¢ | 5.0¢ | $623.8K | 12.08M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 347323 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 632940 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 347323 | 0.051 |
60 | 3283346 | 0.050 |
23 | 2979292 | 0.049 |
23 | 1293612 | 0.048 |
6 | 665950 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 632940 | 5 |
0.054 | 1773004 | 9 |
0.055 | 1141746 | 12 |
0.056 | 2772984 | 10 |
0.057 | 924353 | 8 |
Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
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IMU (ASX) Chart |