RE: Where has my "Ripe for a Preditor" gone?5 Oct 2024 09:58
This is the reason the penny share market is the worst it's ever been....day traders. I predicted this years ago as more and more people turn trader and nobody holds stocks, eventually they will cut their own throats and struggle to make money when everybody is chasing rubbish that spikes then all selling out the same or next day. In reality there is no reason for this stock to have any interest unless they announce something, the only thing that makes people buy is because it's a decimal stock, if it was say 12-14p or 13-17p you'd not see a buy for weeks but 0.12-0.14p and punters love it, the business has been going nowhere for donkey years now, turnover is tiny, at least they do not lose too much money but it seems pointless them on the stock market like so many penny stocks now