SMN 6.42% 58.0¢ structural monitoring systems plc

Folks don't fall for the sucker punch, page-4

  1. 2,569 Posts.
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    Disadvantages of Short term trading.

    When the mother load of all announcements is announced, try buying 300,000 shares at say $1.20 average?

    Share price is prob going to rise in multiple 20 to 30 cents daily, until there becomes a slowdown of buyers entering the stock.

    Good luck when that happens if you do not have already a large holding. All those buyers jumping over the top of each other, only to get a few shares here and there, are going to kick themselves over and over and over again!

    With the words "Could've, would've, should've " If only I was not such a fool.

    Do not forget, we all cannot be sitting in front of the computer 24/7. When the news finally travels to the media, many trading days are lost, and this is when the late comers arrive paying 2 to 3 times as much per share.

    So that's it, the plan, the lost, and the brave.

    P.S Its easy to buy a massive amount of shares now at $1, than be a fool at $3. Having made these mistakes, I have learnt what is the better strategy moving forward.

    Each for their own methods.

    GLTA
 
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Last
58.0¢
Change
0.035(6.42%)
Mkt cap ! $79.66M
Open High Low Value Volume
54.0¢ 60.0¢ 54.0¢ $77.06K 135.0K

Buyers (Bids)

No. Vol. Price($)
1 5000 57.5¢
 

Sellers (Offers)

Price($) Vol. No.
59.5¢ 2975 2
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Last trade - 13.00pm 18/07/2024 (20 minute delay) ?
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