So in ONE sentence you are bullish
"Bullish" is somewhat of a construct of the stockbroking industry, I find (not unlike shouting out that a stock is a buy, while at the same time selling it.)
I feel neither like a bull nor a bear when it comes to SDI (or any other company in which I own shares for that matter). Instead, I feel like a part-owner of a business whose intrinsic value will with rise over time.
It's a bit of a different approach to buying a bit of stock because the volumes on a certain day are doing something or other.
Which reminds me... You never did answer my question:
Whatever happened to your volume-based, "smart money" investment thesis that prompted you to buy the stock in the first place?
To wit:
"High volumes show long term holders moving in/out which gives indication of next move(smart money)
Low volumes and SP is declinig/gaining indicates steady positive accumulation and vice versa.
Could write more but to expand your knowledge I suggest you google it.
Yesterday saw record volume but the SP moved up on the day which is very positive and no doubt IMO we will see an ann soon of significant SH changes."
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Last
$1.11 |
Change
0.000(0.00%) |
Mkt cap ! $111.1M |
Open | High | Low | Value | Volume |
$1.11 | $1.11 | $1.11 | $11.05K | 10K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 291 | $1.11 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.11 | 28248 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3840 | 0.790 |
1 | 5000 | 0.720 |
2 | 4500 | 0.700 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.800 | 3861 | 2 |
0.910 | 5000 | 1 |
0.920 | 10000 | 1 |
0.990 | 9810 | 2 |
0.000 | 0 | 0 |
Last trade - 10.08am 29/11/2024 (20 minute delay) ? |
SDI (ASX) Chart |