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TSdante3
post Jul 14 2009, 10:43 PM, updated 17y ago

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hi im new in stocks..

Can anyone explain why by trading 21 volume can cause price increase from 0.09 on 13th july 2009 to 0.15 on 14th july 2009 ?


http://biz.thestar.com.my/marketwatch/char....asp?scode=0007

This post has been edited by dante3: Jul 14 2009, 10:44 PM
teehk_tee
post Jul 14 2009, 11:07 PM

ไม่เป็นไร
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From: กรุงเทพมหานคร BKK

QUOTE(dante3 @ Jul 14 2009, 10:43 PM)
hi im new in stocks..

Can anyone explain why by trading 21 volume can cause price increase from 0.09 on 13th july 2009  to 0.15 on 14th july 2009 ?
http://biz.thestar.com.my/marketwatch/char....asp?scode=0007
*
simply because, there wasn't anybody trading on that day so one joker just bought the shares at 15sens. low/zero volume is like that lah. plus u get nutjobs in the market.
TSdante3
post Jul 15 2009, 10:10 AM

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why would the joker buy 15 cents when the value is only 9 cents ?? sorry, noob here...

Its like paying rm15 for a rm9 price tag value..

This post has been edited by dante3: Jul 15 2009, 10:25 AM

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