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- 24 December 2005
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Yes ABR 1:10 is one heading for the NASDAQ I think I remember reading. I thought I would just sit back and watch for a bit.
A few companies seem to be consolidating their shares in order to raise the price, prior to listing on another exchange (eg. US).
Do it forward John, I want to see you read a chart using volume as it moves forward, after the fact knowledge is little more than fresh cowpats, not even good for the garden yet!My comment about reading a chart going forward was not directed at DW8 specifically but the hope that people can be analysing any chart they find of interest with some new insights.
IMHO
If you cannot place a Technical "BUY or SELL ALERT" on any Technical Indicator it is not worth having onboard
Once it gets to reading the Tea leaves It is time to leave
We all read them differently and Some may read them better than others
This not Technical Analysis
This is Sweet and Sour Fundamental Analysis to me
IMHO
Can you set an ALERT on the VSA /TIA on any or a few stocks to study
Or
Do you have to watch the screen all day and sometimes even all night on all your favorite Stocks and Shares?
Technical Analysis gives you the ability to Set ALERTS
Fundamental Analysis is in the Domain of Cowboys IMHO
How much they know is questionable and how little they know is Criminal
All They Say is
"She'll be right in the LONG TERM because we have a diverse Portfolio
That says to me That they hold all the loses and hold all the winners
(INFLATION is GOOD)
It proves to me that they have no BUYING or SELLING ALERTS
Mainly Because it can't be done with Sweet FA
It is based on their personal readings of the Tea Leaves
Just for the record I was holding GMD when they consolidated the number of issued shares.
I held 46,600 and they were trading at 0.175 (Value = 8155).
Post consolidation I held 4660 at a price of 1.75 (value = 8155)
There was no "robbery". When trading resumed the MD was very thin and I sold as drifted down not wanting to get stuck without any buyers. The MD thickened up soon after I sold.
A few companies seem to be consolidating their shares in order to raise the price, prior to listing on another exchange (eg. US).
Consolidations of the bad kind happen in the micro cap sector as CEO's try to hide the fact that the price has gone nowhere for years and yet need to raise capital once again. Reducing the number of issued shares hides this ASX enabled thievery.
I'll use white to notate.
Basically, if sellers withdraw then Buyers are forced to bid higher to make a sale attractive to a seller. (Think Gaps UP.)
If sellers want to move large amounts NOW they will accept lower prices to quit their holdings (Think Gaps DOWN.)
Yeah, there is usually only one or two like you in any forum!?Anomalie ---- out of place not normal---bit like myself!
If it is not too late, I would prefer grey, white hurts the eyes, damn dyslexia is a bugger!
This is a bit off topic but it is your thread so you get to lead the way...That's interesting My wife is a long time member of the
A.D.N.
The grey is awesome, I can read it no trouble, the blue, on the other hand, causes mucho pain! Not to worry, I know what the chart looks like!This is a very good example of how extreme volume over a short period (3 Days) can have a strong bearing on future prices.
Just by buying and selling at or very near the extremes of the V/C area, there is some profit to be made.
I hope the grey is better for you too see ANNE
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