Market says not enough is priced in?
$5, here we come!
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Hey i've got a question.
Yesterdy when the market opened there was a cross over of people buying at higher prices for example at 5000shares 80c and people selling at 5000shares 72cs.
The 80c buyer would be first in line to buy right? So does the buyer meet the seller halve way at say 76c or??
In Direct Broking (if you use them), you can get near enough real time feeds by going to the shares pages, then using the drop down box (which says "Detailed" normally) and selecting "Depth". This gives you a view of all the recent trades, current bids/asks. Likely you can on other platforms too?
And slapped back to a 106 close, get ready for round two tomorrow!
I wonder where everyone has their stop loss? I'm not bothering ....
My elderly mother has a lot of shares and is at the age of saying, "I want to sell the overseas shares because I don't understand them!" She started this theme back in the recession and it took a lot of convincing to stop her doing it. Maths is NOT her strong point.
On Friday she started in again with her EUT shares on the London stock market and how she hates paying the share broker a management fee. "OK" says me, "You win but ONLY if you buy PEB instead!" 4pm on Friday I arrived home, rang her share broker and followed it up with an email. By 11am yesterday her pet peeve had gone and she had $15,000 worth of PEB. A 39.73% ($6,000) paper profit in 36 hours. Thanks to all you traders who sold them to her :)
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