Lack of buyer depth and support means TXN looks like an easy target, only takes $100K of stock to knock it down 5-10%. For a $150M company with broad holder base that shouldn't really happen imo...
If you have stop losses you could easily be spat out at the bottom and find it much harder to climb back when this turns, it is done on such tiny volumes as others have pointed out.
The brokers really ought to market this to new sophisticated buyers and stop preaching to the converted.
---
All DYOR
- Forums
- ASX - By Stock
- Ann: Second Eagle Ford Well
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)