Since Jan 3 2015 the AIR share price has averaged $2.74 with a Standard deviation of 17 cents
There have been only 4 days when AIR has closed +/- 2 Stdev. They were the extreme highs over 308 in Jan this year and the odd days it has fallen below 240
Today is another one of those days
Some might say today is just an outlier (on the last 16 months performance) in the life of a boring stock that brokers love see being churned ...so no worries
Last edited by winner69; 06-05-2016 at 03:01 PM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Since Jan 3 2015 the AIR share price has averaged $2.74 with a Standard deviation of 17 cents
There have been only 4 days when AIR has closed +/- 2 Stdev. They were the extreme highs over 308 in Jan this year and the odd days it has fallen below 240
Today is another one of those days
Some might say today is just an outlier (on the last 16 months performance) in the life of a boring stock that brokers love see being churned ...so no worries
...and on Monday the papers will be reporting 'AIR price up sharply as bargain hunters returned" to the market
You may be right ,but there has been a short term pattern of a big drop mid day and then it slowly builds(a bit) only to take a dive the next day---atm its lower highs and lower lows. also pretty big volume--Ive also noticed big trades at the end of the day--We are still getting some 100,000 and 50,000s but i havent seen any management selling notices yesterday or today---dont know if thats good or bad
Any regrets looking at both of them today, not being cynical...
always a bit, but you can't really pick the top just like you can't pick the bottom... i will wait for ohe report out and consider re-enter, less familiar with their report history...
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Originally Posted by winner69
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