social media posts and impact on price of a share - age old topic of discussion since Bill Gates was a boy...
one thing I have learnt in life is :
1. social media posts have "some" impact on the spa at "some" point only and that too for a "limited" time only (fool me once blah blah blah)...
2. social media posts have very limited impact on a company many a times - 1000s of posts on HC or tweets may result in ZERO change in the sp at many a times
3. social media posts "sometimes" can move the sp by a big margin - but many a times the move is in line with news that preceded or followed the posts - not just due to the posts themselves
4. THIS IS THE MOST IMPORTANT POINT imo - social media posts have ZERO impact on the sp when the trading has been suspended for 6 months...
so for now ignore any ramping (up or down) by any one as it will matter naught in the grand scheme of things - QBL is probably a few weeks away from resumption of trading - when it trades the sp will move on the back of all the GREAT news we have had in the last 6 months + the sp will react to the big dilution of the registry + the sp will be impacted by the market conditions at the time (especially the hemp + cannabis + pot stocks, which by the way are on a good roll in the last few weeks) + any FOMO factor....
so pay more attention to these points than any ramping...
hope you utilise the time before trading DYOR rather than indulging in things which will not matter when this relists...
just my 2c on this discussion .... have a great day tomorrow...
- Forums
- ASX - By Stock
- CGB
- off topic QBL thread
off topic QBL thread, page-45
-
- There are more pages in this discussion • 26 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CGB (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online