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Why IMU is a multi multi bagger, page-18898

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Footmax

13,825 Posts.

2345

18/11/23

12:51

Post #: 70976852
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I still maintain that traders are not responsible for the fall in the SP - and for obvious reasons. Killing off the golden goose makes zero sense.

Anyway, can you explain why you think there is no link between the rises in shorting positions resulting in a corresponding drop in the SP? The fall in the SP will be for a few reasons but it did start - and continues to follow - the rise in shorting numbers.

Originally posted by Taureanbull: ↑

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.

Expand

Originally posted by Taureanbull: ↑

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.

Expand

IMU Price at posting: 8.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.5¢		Change 0.003(5.77%)		Mkt cap ! $404.2M

Open	High	Low	Value	Volume
5.2¢	5.7¢	5.2¢	$802.5K	14.79M

Buyers (Bids)

No.	Vol.	Price($)
1	348447	5.4¢

Sellers (Offers)

Price($)	Vol.	No.
5.5¢	1214875	6

View Market Depth

No.	Vol.	Price($)
1	348447	0.054
9	425998	0.053
13	2137592	0.052
21	4150130	0.051
39	3576889	0.050

Price($)	Vol.	No.
0.055	700000	4
0.056	556147	3
0.057	1055166	8
0.058	410000	6
0.059	292981	9

Last trade - 16.10pm 09/08/2024 (20 minute delay)

IMU (ASX) Chart

Why IMU is a multi multi bagger, page-18898

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Why IMU is a multi multi bagger, page-18898

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