12.2 cents, has this turd found a floor, does anyone know at what point it becomes a takeover proposition
They're issuing more shares at a discounted price. Just investors getting in on the ground floor I think. No annoucements today
250 million traded in last 7 sessions, just closed at .17cents, is this a future potential take over?
that is why you dont touch shares.. your money is at the mercy of someone else who wants to play with the price of shares. like chicken being guarded by wolf, and every now and then couple of chicken went missing. no one noticed. you dont have control over the price...
Yes, I know I know mother but haven't you ever tried to buck the system I've got burnt on this one so many times it's unreal. Every time I believed it bottomed and jumped on board suddenly it sucked up a USS Ronald Reagan anchor and went further down the tube. Bought at $1 went to .50c sold out at .80c on the way down. Stayed hovering around .50c for a while bought back in and then swallowed the USS George H.W. Bush anchor and sank to 25c so I bought in again and it shat itself again and went to .12c whereby I sold on the way down at .20c and finally I bought back in at .125c and now it's fucked down to .08c cringe!!! the only grace I have was it was for small parcels and not like some people I know who chucked over $100K at it when it was at $1.80 and are still holding... how come I can hear none fuckwit recourse laughing out loud while I'm typing this
i've got a couple that does the same thing.. babcock and brown.. onetel, centro. when the price of share is at 1 cents, they took the company off the market (if you are still holding), they send you a piece of paper saying that the company is closed etc, and enclosed is the cheque of the amount of shares that you own x 0.001 cents .. the next day.. the new company name emerges under new name.. using the same infrastructure/mine/business and shareholder cant do anything about it.. its all legal.. and appoved by asic etc etc. so that is the outright theft in my eyes.. it took me some $60k later to realise that this is the game that have been played, and everyone is just keep playing hoping to conquer the uss ronald reagan direction.. have you noticed that when it is the expiry date of options, say bhp, all you have to do is look at the options that have highest open interest strike price, usually the price bhp will be pinned on the highest open interest strike price, and the next day, the price will move again. cba have been coming down from $82 to $73 in the last 22 days. for those who have cfd acc, and have got the guts/crystal ball to short the stock, will have make a killing now.. but how can one know the future ? the typical trader will probably set stop loss and target profit according to his profile, and how does the trader know that it is going to come down $9 in 1 month. still the odds of winning in casino is a lower than stock market, and that's where i guess everyone is still playing there ? hope the best for you hihosilver.. and best of luck in buy low sell high.. or sell high buy low.. (if you can do short)
Yep, not that I follow my own advice (Neon Energy), but if you're investor, not trader, best to go with a trusted shares adviser, maybe use a bit of charting hocus pocus to judge an entry price, and buy into dividend paying medium to large cap stocks for which a good argument can be made for future growth. Almost all of these speculative stocks with an exciting story about future growth end up as basket cases in the end. Share chat forums play a big role in herding people into them. Where did you hear about this stock or get enthused about it? Chances are a shares forum. These 'companies' make the managements and stock brokers wealthy even though they all fail after 5-10 years of life. Managements make money from inflating the shares issuance, pay themselves hefty annual salaries/fees for utter failure, and are completely unaccountable at the bitter end. They don't even have to issue a statement of explanation or apology. They just disappear, steal away into the night, at liberty to cook up another predatory scheme. https://www.fool.com.au/order-page/retailsa/ http://www.stocksinvalue.com.au/terms-conditions/
Yep totally agree here " Share chat forums play a big role in herding people into them " Hotcopper comes to mind ! it's so bloody biased towards bulls an over the top optimistic rants that when a person like myself said this LYC was dodgy some 12 months ago I was muted, temporary suspended for not talking up the stock like others. I'm 99% sure HC is a forum which will only take a positive note over a negative note. If you question a members stance on a thread, you either get ganged up upon by other members, and the referee moderator simply suspends you for not keeping in with the masses of up beat rant about that particular stock. They've even thrown some of their members to the lions watching on as some companies sue the forum member for posting a negative post. At least here, GP will let you defend yourself. Seems GP is much more mature in his thinking about a fairer forum albeit within reason :| I understand talk of ammunition, GPS co-ords, photos which have tags on them, terrorist and bumpkin bogin rants should be culled out
hiho.. looks like audusd is bouncing up.. good opportunity to short audusd again... and my broker just post up a short xauusd trade. target at USD$1185. so be prepared for more smack down..
