I'm sure many people have the same view as you do, but they could be sitting on the side lines while the stock moves positive.
Some stocks, are looking like they won't stop, you look at the stock and say yep she is really only worth x amount. Then off she goes, runs to a unthinkable high, only to retrace and run again. Ok so not everything does that but take a look at the ones that have run BKV, TAS, CMX, JRV, etc, etc. A long list of money making runs.
Ok so maybe the pirates were on board pushing the price up.
What I'm saying basically is sometimes the stock may not be worth what people are paying, but don't fight the trend of the market. Be careful but be selective, if in doubt stay out.
It's called a calculated risk, knowledge is power, so ADY could be a 16 cent stock in the future or it could retrace back to 10.5 as it did Friday.
That may have been the FIB level, so can we call that the support line.
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $16.29M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $106 | 10.62K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1989503 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 252740 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1989503 | 0.010 |
3 | 411111 | 0.009 |
3 | 490000 | 0.008 |
8 | 1090106 | 0.007 |
6 | 1400000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 252740 | 1 |
0.012 | 2154561 | 4 |
0.014 | 200000 | 1 |
0.015 | 2000000 | 1 |
0.016 | 636341 | 2 |
Last trade - 12.33pm 12/09/2024 (20 minute delay) ? |
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ADY (ASX) Chart |