As you can see, I don't post much on hot copper. I am rather young and green, yet I am perplexed to why people are so emotional after one down day. I may be human, but I think and evidence based approach to any decision you make is the best course of action. This stock is a speculative stock, there are many things we do not know. What do people expect, Green everyday? There is no evidence that this stock is going to meet 2.1 cents again after one "bad" day. Maybe, after 3 bearish days, but really. The stock has increased in value by 400% in a short space of time. Its one day, lets see what the rest of the week brings. I think there are two pieces of evidence to stay within this stock in the next week or so if you are short term.
-Due Diligence
-Source of capital enabling the capital raise cancellation
I can completely admit that this stock might make me lose money and while I did say there is no evidence for a 2.1 cent share price, I am happy to take someones reasoning for why it will fall back down. No one can predict the future but I think its best just to accumulate the knowledge about a said stock and if you are confident, with it invest. I don't think its best to let your emotions cloud your judgement, only bad things can happen from irrational acts. Don't panic![]()
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