AGO 0.00% 4.5¢ atlas iron limited

wth is going on?, page-89

  1. 111 Posts.
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    I agree with AGO it is a less meaningful evaluation. However normally when deciding when to buy and sell, especially when buying, I'll look at market depth to gauge momentum.

    Even with AGO the trick is to look at depth around the market price, and ignore the volume too far from market which is far less meaningful.

    for example right now:

    it's stable at .035 to .036

    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6
    0 41 11,412,171 0.035 0.036 8,990,298 12
    1 21 9,415,147 0.034 0.037 15,042,930 32
    2 26 8,566,976 0.033 0.038 12,442,499 28

    compared with totals

    Column 1 Column 2
    0 469 buyers for 190,730,889 units 546 sellers for 338,779,220 units

    Totals incorrectly indicate massive sales volume, to falsely conclude it's better to wait for a lower price.
 
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