Because at the previous lows was 7 sen...where it rebounded sharply. So at 8 sen there is only a 1 sen risk. If it don't rebound at this level...then better close shop. What is the use of all the good news then?
they are creating fear in the market causing small investor sell at low price, then they pick up. this is a giant shark...those news and announcements are bait for fishing.
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....
Buy1sell2
2,345 posts
Posted by Buy1sell2 > 2017-04-25 15:28 | Report Abuse
Buy at support.