NZS new zealand coastal seafoods limited

Ann: Trading Halt, page-119

  1. 586 Posts.
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    I bought at 1.1c too. And topped up through to 1.6. Actually, my first entry was 1.4 and the next day it went down to 1.1, where I bought more. I haven't sold a share. And won't be any time soon.

    I don't get this trading for pips when you do the analysis on a company like NZS. Maybe traders don't actually analyse the fundamentals of a stock. Maybe they just follow each other to the next shiny thing and get their jollies ''making profit''.

    Who makes serious money on a stock unless you hold ? How do you make 10, 20 or 100 bags unless you hold ?

    Making a quick $10 or $20K on a stock like this is small fry. Then again, my living isn't made from pip trading, so I accept it's unfair to be overly critical.
 
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