PBT 0.00% 0.0¢ prana biotechnology limited

Nobody knows the value of Prana, page-2

  1. 38 Posts.
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    My Technical Analysis on the trading pattern for only the past 2 days is - there is a monumental difference to the VOLUME pattern than what occurred in every one of the past "spikes" in those unsustainable patterns.  My conclusion is the Algos & HFT's have left the building.  They apparently have come to the conclusion that the price can actually run away from them to the point it's no longer worth "scalping" the trades.  The % is no longer on their side.  For me this was confirmed with the volume on the 2nd day of the move.  The falling away of total volume is we are now seeing "value" investors in the trade - in other words a high degree of "buy & hold".  IMO pivalde you hit it out of the park-"nobody knows or can estimate what would be the value of Prana".  The slightest bit of positive news will send us on the way. - and that's why the scalpers are going elsewhere.  JMHO.
 
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