sweety and others - hanging on to the share when the SP is sinking is a very risky strategy. In my view it is just plain dumb.
You can lose thousands of dollars doing that. I know I've done it before.
Each person has their own style but there are not too many who will hold irrespective of what transpires.
Spec end of the market is a cruel business and it will whack you hard if you're blase towards the signals.
Watching this YouTube was the best 6 minutes and 51 seconds I have invested in for a long time.
Irrespective of what you think of my opinions do yourself a favour and watch it.
I am one the guys rolling my eyes (focus on the section where he talks about the "longs versus the bashers" and 'presto' the moderators turn up. Sound familiar?
Again, I encourage you to watch it - just do it for yourself.
PIO Price at posting:
3.7¢ Sentiment: None Disclosure: Not Held
