You get a call from a "mate" who says get into this stock can't really say too much but you get my drift... nudge nudge wink wink Him and his mates have already loaded up on the stock and are already up on their initial purchase as these calls go out. Journalists get a call with a bit of info that they can write up in their tips column. Nothing as sophisticated and nefarious as "blue horseshoe loves Annacott steel" but you get the idea. Same spruikers use HotCopper to start "pumping" potential of said stock. Stock moves up as traders follow these chat groups and seeing price move and volume think something is up. As stock continues starts to move up more insiders move out take their profits and move on "the dump". Mugs get left holding the can. ALY was 1.4c now 1.7c on no news. Leave you to decide where in the cycle you think it is.
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.068M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 10459854 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 766366 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 204000 | 0.013 |
6 | 1534407 | 0.012 |
3 | 1018000 | 0.011 |
4 | 1300000 | 0.010 |
1 | 100000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 431766 | 2 |
0.015 | 328000 | 2 |
0.016 | 492086 | 4 |
0.017 | 401126 | 3 |
0.019 | 196092 | 2 |
Last trade - 12.53pm 22/11/2024 (20 minute delay) ? |
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ALY (ASX) Chart |
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