$AML3D LTD(AL3.AU)$ Something is brewing if you ask me. There has been no announcement... yet! Why do I say so? Look at the volume today! The spike is not normal. Don't trust what I say, see the 3rd picture. Did you see the volume spike to nearly 28M shares? What's the norm? Around 2-3M. That is easily 10x spike! 

On a closer look at the buying activity, the spike happened earlier today at around 11, a transaction of 25.6M done in a single trade. Transaction price of 26.5 cents is actually a loss of 0.5 cents over yesterday's closing price. It is probably nothing, just a married deal as such. In fact, the price climb started a good 2 hours later, so maybe it is a mere coincidence?

I don't have a clue. I just know that not many people holds 25.6M shares. These two movements may or not be related but I won't be surprised if they are. Defence companies in ASX have been on the tear lately. Just look at my previous defence darling $ELECTRO OPTIC SYSTEMS HOLDIN(EOS.AU)$ I will call it another that gets away with. The type to takeoff once I sold it! [Facepalm]  [Spurting]  [Cry]  

$AML3D LTD(AL3.AU)$ and $TITOMIC LTD(TTT.AU)$ are just waiting for the big one... the next EOS or$DRONESHIELD LTD(DRO.AU)$ 

@Tiger_comments @Daily_Discussion @TigerStars @CaptainTiger  

# Winning Trades

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  • Megan Barnard
    ·09-23
    TOP
    EOS ran post-news; AL3 needs a catalyst, not just random volume spikes.
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    • Ah_Meng
      EOS has been running for a while now, like DRO. In fact, AL3 had its run too. Indeed, price increments are sustainable with positive news. However, it is always a balance between announcements and silent window. If there are big positive news, will we still be able to capture the stock at a good price? The converse is also true. Not many people like to sit for too long without price actions… there is after all one Warren Buffett and the rest of us… [Chuckle][Tongue]
      09-24
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  • Wade Shaw
    ·09-23
    TOP
    Defence stocks are hot, but AL3 has no news—will the volume hold?
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    • Ah_Meng
      Nope, the volume shouldn’t hold and indeed proven so. However, that even makes me want to find out why the spike… if there is something brewing, we will likely know by next week
      09-24
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  • Ron Anne
    ·09-23
    TOP
    10x volume but price dipped first—coincidence, or smart money loading?
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    • Ah_Meng
      Indeed strange… I will sit around and revisit next week. If there’s something, it will be revealed
      09-24
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  • JackQuant
    ·09-24
    So what’s your future strategy?
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    • Ah_Meng
      For AML3D, I am just sitting. It is not clear at this stage if a whale 🐳 has entered a position with that one off transaction. We would know by next week if there’s any new announcements. If not, it’s probably just a financial institution changing its holding custodian… patience is key for AML3D. This couple of months will inform if its new US strategy is successful. I am leaning towards that, from all the early indicators so far…
      09-24
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  • joozy
    ·09-23
    Interesting indeed
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    • Ah_Meng
      Wait and see…
      09-24
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