IMU

9.26%

5.9¢ imugene limited

I still maintain that traders are not responsible for the fall...

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Footmax

13,755 Posts.

2307

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 5.9¢		Change 0.005(9.26%)		Mkt cap ! $433.6M

Open	High	Low	Value	Volume
5.5¢	5.9¢	5.4¢	$1.489M	25.99M

Buyers (Bids)

No.	Vol.	Price($)
2	35252	5.9¢

Sellers (Offers)

Price($)	Vol.	No.
6.0¢	1753430	24

View Market Depth

No.	Vol.	Price($)
2	35252	0.059
3	727241	0.058
14	2231166	0.057
5	2211114	0.056
22	2671091	0.055

Price($)	Vol.	No.
0.060	1753430	24
0.061	663559	7
0.062	305000	5
0.063	100000	1
0.064	304500	4

Last trade - 16.10pm 12/07/2024 (20 minute delay)

IMU (ASX) Chart

I still maintain that traders are not responsible for the fall...

ASX hits all time high out the gate on Friday trades following bullish US inflation data

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SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

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Featured News

Buyers (Bids)

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I still maintain that traders are not responsible for the fall...

Top Stories

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Immutep reports strong response rate from immunotherapies treating carcinomas

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Nimy to raise $1.21M to explore 'newsy' WA targets

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Almonty locks in govt agreement for tungsten oxide plant in South Korea

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Bitcoin investors need to know the risks

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News