Sounds like you got in too deep @ironbark222 to activate your stop losses and you are still licking your wounds? Maybe some ducks didn't recognize a drought while others flew north to the wet? I was in a few years ago but got out when world market prices started to look shaky. The writing was on the wall.
Many traders only stump up what they can afford to lose on a core position then conduct further trades balanced as a small percentage of their portfolio. Its called risk management. We are not winners all the time. Like to meet the person that was. Its a question of probabilities discounted by future market distortion as stakeholder realign with growth. Name of the game.
Think your analysis is mixing apples with oranges. Is it really the same old axe when you change its head and then the handle a couple of times? This company has new management, some quality shareholders and a new resource in lithium to back its tier one asset in molybdenum and further gold assets.
My re-entry was based on DTM's current potential as if it were a new entity. We are NOW IN AN UPTREND in the business cycle for its commodities which is the complete opposite to what DTM experienced in the past as a new explorer. It is effectively still a new explorer in lithium, but it is planning its transition to become a molybdenum producer. If it fails on these parameters so be it, as it is a speculative play. No one's kidding themselves. A new entry where the reward is high for the risk if the timing is right makes better sense to me.
If people are trading this stock in the short term, maybe its a good idea to determine where the support and resistance lines lie and whether those with market power have engaged in flicking a few stops or have tried to influence sentiment as it get noticed.
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $4.845M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $2.893K | 263K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1481468 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 916666 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 83000 | 0.006 |
5 | 1720000 | 0.005 |
9 | 6290000 | 0.004 |
4 | 8333650 | 0.003 |
2 | 3250000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 2707993 | 5 |
0.008 | 3026052 | 11 |
0.009 | 3246810 | 4 |
0.010 | 1919968 | 2 |
0.011 | 500000 | 1 |
Last trade - 14.11pm 15/11/2024 (20 minute delay) ? |
DTM (ASX) Chart |