I starting investing with real money about a year ago, i lost 95 percent backing penny stocks that say buy me buy me with wonderful announcements, but to the uninitiated (Gullible) i did.. Little did i know that the news was posted two hours previously and the stock had spiked and every trade i did i lost around 10 to 60 percent, so a lifetime of working and saving $100k is now worth $3900.
30 years of work gone because of NEWS that is Posted on the ASX website, news that i trusted (because its the ASX),
And i listened again and i bought $3900 worth of Padbury which is now worth $3200, (apparently you can get LIVE share prices if you pay extra to the bank, something else i didnt know.
So now because i listened to the ASX i dont have ANY money because it is tied up until next week, month year? makes no difference to me, i just wanted to make 10 percent by about today $390 and pull that amount out because my rent is due.
what happens if i get evicted can i sue the ASX?
I was told last week it would be over today i told my landlord this, now he thinks i am a liar and i spent my rent money, butterfly effect
If i could have afforded it i would have bought more stock because it sounds to me like a good if not great opportunity
But someone has to get their s#$t together with all these Delays
ASX when will my money be available?
I could use it!
AND
ASX please pass a ruling where Every purchased trade must be held onto for a month then this country will pick up and be the lucky country again,
Its the day traders that are destroying the economy and standard of living with their greed. that much i do know
Australian Growth is worsened by the cockys in the trading room
WAKE UP ASX
Buy and HOLD all stock and you will make money
If everyone set a target that they wouldnt sell until they made 20% what would happen?
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