SBI - 436% Up Today

miniroo

Well-Known Member
Silver Stacker
I bought 1 million shares in SBI yesterday, jumped up a bit today hey?

Nah just kidding, but how does a stock go up so much? must be someone playing around
 
That's what can happen to sub 1 cent "penny" stocks, they are stupidly volatile like that, both up and down.
You'll never ever see that happen to a $10 share.
 
scrooged said:
SilverDJ said:
That's what can happen to sub 1 cent "penny" stocks, they are stupidly volatile like that, both up and down.
You'd rarely see 436% in penny stocks in a day also.

But it does happen, a few hundred % isn't that uncommon. 400% might usually raise eyebrows and they might get a "please explain" request.
 
SilverDJ said:
scrooged said:
SilverDJ said:
That's what can happen to sub 1 cent "penny" stocks, they are stupidly volatile like that, both up and down.
You'd rarely see 436% in penny stocks in a day also.

But it does happen, a few hundred % isn't that uncommon. 400% might usually raise eyebrows and they might get a "please explain" request.


400% is fairly uncommon.
 
It isn't given that there was only 3 trades to the value of $3,500

I've driven a stock inter-day 100% to be the biggest gainer on the ASX halfway through a session on a $1,000 investment
 
someone bought at 4.5c but the highest bidder is 1c

either the buyer knows something the market doesn't or someone is attempting to ramp the price up
 
Caput Lupinum said:
It isn't given that there was only 3 trades to the value of $3,500

I've driven a stock inter-day 100% to be the biggest gainer on the ASX halfway through a session on a $1,000 investment
:lol: Oh, you front-runner money-for-nothing JPM wannabe! :lol:
Can you do it to silver tomorrow ..... please. :D
 
where you living in a cave at the start of the year?
why anyone is buying silver today is beyond me, was under $20 for ages, a year maybe, if you didn't buy then your just repeating history,
buy it up to peak and lose your pants, silver is done and dusted, it's all about selling now, if you think we will see $45+ silver again your delusional.
 
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