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rezX

5,803 Posts.

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14/01/22

12:38

Post #: 58863631
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Originally posted by ixco: ↑

Hmm, back in the early 2000s there were runners like BRN all the time (in price, not the business of BRN as I like the business but not it's valuation)

A market darling was Davnet, everyone was trading it, it went from about $0.25 to a high of about $6 in the space of a few months.

It fell back to $0.15 I think before a takeover or a delist? I can't remember.

Many were buying it on the way down, similar things are/were happening in the BNPL front, that's over now, it was always going to happen, you have to be a first mover in new trends and sell it to the crowd later on.

Mining companies are all the go at the moment, the trick is to see it for what it is and be ready to move on....

Fortunes were made if you had the nerve to hold and sell when the chart was telling you.

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thats my issue, i need to switch off and trust the charts... although no chart would've seen BRN hit almost 40% at highs today

FFG pumped 13% on no news
that is one leaky ship
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