on the ASX security info with a 4B market cap, that 3.5 dollar movement from yesterday's close would amount to about $446 M Aus Dollars or slightly over 500 M Kiwi.
Hardly unexpected really, and new buyers will be waiting til the trader cash in bottoms out then most likely buying back in back up to advancing levels. Xero shares are doing great but they are hardly immune to trading.
That is ridiculous. This stock is only going up and cannot go down. It is impossible that it goes down. Xero is operating in a new paradigm and its product is so superior it cannot fail. This is just an aberration and we will see $40+ again. (very much tounge in cheek) Definitely one for those praying or with a lot of faith. And down another 50 cent. Boy what a load of swings today. From ecstasy to despair methinks for some.
That's Gold mate and sums up the disciples beliefs succinctly. Seasoned investors have seen all this sort of nonsense and hype before. Remember how the velvet from the deers antlers was supposed to be a panacea for all sorts of diseases ravaging the world, you'd be a complete fool not to be taking those supplemants right ?.. not too forget they were supposed to be a potent boost to ones virility, I'm sure my wife would have been thrilled. You can't go wrong investing in a Deer farm and people invested millions...and the ones that got out early at the peak of the bubble, made millions...while the rest, oh dear...(please excuse the pun).
Now we have an online accounting programme that's a panacea for everyone's system needs in business and will take over the world...nah, i must be wrong, I must be just an old Dinosaur accountant
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