Jump to content

 

 

Recommended Posts

as foraln has already said no one can buy enough shares at this price to make any difference.

 

it's like saying now is a good time to buy my house while prices are low. it's true but i am not selling.

 

Whats the difference buying at 27p compared to say 47p? and dont say 20p lol

Link to post
Share on other sites

my point is the current price may be 27p but no one is selling at that price. or not enough to make a difference.

 

I haven't been following the total numbers sold until the end of last week but that's 200,000 or so sold in the last two trading days and the momentum seems to be gathering; a couple of weeks of that and it will become millions.

 

I know the trades and volumes are very small but 8 times as many shares were sold as were bought today which is why the price keeps going down.

 

So long as there are more sellers than buyers the price will keep going down; simple economics.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.


×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.