NOR 0.00% 3.2¢ norwood systems limited

world phone rating, page-71

  1. 13,729 Posts.
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    Holla,
    Thats why I called it quits.
    There are two main types in NOR...
    The traders and the holders.
    Traders buy and sell on price and volume, and don't really care about announcements and potential.
    All they call about are buy low, sell high.
    They are cold and calculating, and many have done very well out of NOR.
    You need to have a certain emotional detachment to be a successful trader.
    I'm not one.... and my guess is that neither are you.
    We are passionate people... great lovers maybe... but bad traders.

    Holders are dreamers.....
    I was one.
    Holders actually believe the crap that NOR put out in announcements.. (see Feb 8 announcement).
    They get excited every time NOR potential finally looks to be realising...whether it be a rumor or PO spinning another yarn.
    They buy a few more... from a trader...
    Only to see the momentum fizzle (again).
    The trader made a buck... the holder didnt.

    And so it goes.....

    The connections between NOR management and the forces that drive the SP are unknown, but it would be naive in the extreme to assume that there is no connect there.

    My guess is that the last week was an orchestrated pump with the goal of getting the SP up a bit.
    Management are currently hell bent on trying to get something out to market (probably Dynamic Pricing on Android) asap, so they have some hype to sell the shares from the next CR into.
 
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Last
3.2¢
Change
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Mkt cap ! $15.20M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 215000 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 30000 1
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Last trade - 16.12pm 13/09/2024 (20 minute delay) ?
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