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IX Biopharma
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iX Biopharma
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WL123456
Supreme |
30-Apr-2020 14:53
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It means if there are speculative Traders aka prop trades being done ( you can see from the buying volume) and there is significant interest in the stock, and if you happen to buy in and hope they push the price up, don?t hold until 330 or 4 still thinking that they will push the price up for the day. They need time to execute their push and they won?t leave it till the final hour. As a rule of the thumb, sell by 3.30 or usually the price will go down either during the last hour as they distribute to even their gains or will sell the next day. So prices will still fall. Props Traders generally don?t hold stocks for more than 2 days, the day itself and the the next trading day as they do not want to incur interest expense and risk of carrying it to the next day as there might be unknown events.
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westpoison
Veteran |
30-Apr-2020 14:35
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Meaning wait and see. It may go up or it may go down. No real info lol.
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Laurenpanna
Veteran |
30-Apr-2020 14:23
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Sorry what does this mean?
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WL123456
Supreme |
30-Apr-2020 14:16
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A good indicator of props action will be between 3.30 to 4.30 pm. If they want to give the stock a lift, the price action will be executed latest by 330 to give them enough time kill of the shorts. On the other hand, if there is not many shorting the stocks and props are holding to the stocks, likely they will distribute to average out their gains. Just sharing for future info.
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dollarsense
Veteran |
30-Apr-2020 14:14
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looks like waiting game now.  | ||||
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dimebag
Master |
30-Apr-2020 14:00
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Push down I guess lol
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westpoison
Veteran |
30-Apr-2020 11:52
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Good move.
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Laurenpanna
Veteran |
30-Apr-2020 11:36
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I totally agree with you
Bought this yesterday at 0.285 5000 units
Today I average again at 0.255 5000 units
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dollarsense
Veteran |
30-Apr-2020 11:27
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after lunch up?/ | ||||
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ShimaFu
Member |
30-Apr-2020 11:06
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Keep for mid term as price will go abv 30 with those good news from the company | ||||
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NewTrader88
Member |
30-Apr-2020 11:04
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Hahaha then it' s fated i Guess... hoping for the best to all the ones that bought 🙏 🏻
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NewTrader88
Member |
30-Apr-2020 11:03
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2-3k
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NewTrader88
Member |
30-Apr-2020 10:55
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Haha but I really already lost a lot on the Biosssss... BB really professional Traders sia hahaha 
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chipchip66
Elite |
30-Apr-2020 10:53
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picking this up today.. 
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westpoison
Veteran |
30-Apr-2020 10:49
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I think can gradually buy in more if it drops. Dollar-cost averaging. This counter a lot of positive news. Open new flagship online store with JD and Alibaba, then new supply news in China and Australia. I can say only will go up. Wont be too long.
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NewTrader88
Member |
30-Apr-2020 10:47
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Hahaha then it' s fated i Guess... hoping for the best to all the ones that bought 🙏 🏻
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westpoison
Veteran |
30-Apr-2020 10:44
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No lah. Just saying. You look at Ix Bio. Release alot of news in April. All positive. | ||||
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dollarsense
Veteran |
30-Apr-2020 10:44
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what news you all expecting   |
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ShimaFu
Member |
30-Apr-2020 10:42
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News come out after lunch? | ||||
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7ocean
Master |
30-Apr-2020 10:42
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cos you are not driving Farrari ...can drive can' t buy... too excited
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