RE: Bid / ask12 Apr 2023 14:16
When, not if, but when it crashes below 200, that is when my alert is set. After that I will be only interested in high volatility trading with volume 100 times present numbers at a minimum. Only when approaching the 120s, 100s, 90s will I give any consideration to some rapid buy sells day trading. This is far too risky a share for anything else. And the way things are with the listing status, rigged anti-split boardroom antics and precarious financial position, coupled with the encroachment of sanctions to directly impact POLY, even holding a day trade for just a few hours is, for me, a the highest level of risk. This share will rapidly descend into a casino share where buying and selling will be a simple gamble between gaining a quick buck or losing the lot.
People need to seek independent financial advice dealing wit this share, just look at how easily the fantasists are aroused with a few pennies gain before the angry posting starts when it pulls back again.