PO3 0.00% 22.0¢ purifloh limited

Not necessarily if you buy 5k shares at $5 and then sell at...

  1. 310 Posts.
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    Not necessarily if you buy 5k shares at $5 and then sell at $5.20 that’s a $1000 profit (excluding brokerage fees) so buying in say at $5 and there’s a gap in the sellers the DT can then put the sell order down and just wait before it gets hit it’s small profits but it’s effective considering the high range movements of this stock but however it is really risky because of the volatility! Today for example some T2 traders probably brought in yesterday at $5 and then saw it finish at $5.12 and then watching it go to $5.38 and then got greedy and then the bids dried up and he had to sell and probably took on a bad loss! I think tomorrow we will see some T2 dumps because of the little run this morning but they will try and get out in the cleanest possible way! Good day again tomorrow for accumulation and being patient as the weak hands sell down... Friday however is a question mark.. next week we will start to see the sell orders dry up from the SP to the $5.55 and what is interesting is that it could have a possibility of being a capper which could change everything but once that SP gets close and is ready to break $5.55 it will probably settle between $5.60-$5.80 after breifly breaking the $6 mark. however in the following week right in time for the Ann in which if it is good will hopefully put us in the $8 range but my prediction is plenty of runs and pullbacks but all zigzagging upwards with days traders and short term players sending it up and then profit takers and panickers selling down to the accumulators and other short term players with different strategies! all imo sorry to drag on haha
 
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