dragon118, Yes, it is all about Greed & Fear. Well, you could monitor the price movements, buy when the price bottomed (in your judgement) so, as to average down your previous buy.
Well also recall the huge accumulation back at 315, 310 last couple of days, still succumb to massive selling. Sadly I think it's a con job syndicate pump and dump
Gan Sin Chai.. I did.. bought some PUC-wb to average down my previous bought price at 0.22.. but entered a bit earlier , bought at 0.17. Hopefully, all PUC counters will back to right track soon.
Basically looking at a company with hardly any fundamentals, banging on promises yet to be fulfilled and having a massive selldown. At the back of your mind, the risk of losing everything, how not to sell? Where are all those professional marketeers who were talking up the company so much earlier on? Losing money is not my issue but getting caught in this massive sting is! i pity the poor uncles and aunties who will have to go hungry because of this! Karma has a way of getting even BTW!
Absolute poppy cock Tradewinds. For a starter, poor uncles and aunties shouldn't be on here squandering what they can't afford to lose on some speculative stock. Unless of course they are gamblers, in which case they took a gamble and maybe lost ,or they should get some treatment for their addiction.
Yes that's generally how these punters work, we all know it,or most of us do and that's why we should avoid it and perhaps educate others to avoid it. However, sometimes the attraction of the quick buck is just too tempting for some.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Gan Sin Chai
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Posted by Gan Sin Chai > 2018-01-18 11:29 | Report Abuse
dragon118, Yes, it is all about Greed & Fear.
Well, you could monitor the price movements,
buy when the price bottomed (in your judgement) so,
as to average down your previous buy.