RAC 1.18% $1.67 race oncology ltd

RAC - Charts & Price Action, page-18869

  1. 1,254 Posts.
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    @7Zyzz7 "Unethical spruikers" lol

    People making calls on a forum of a stock price going up based on fundamentals, and other making calls of a stock price going down on technical charts.
    One are Unethical Spruikers, and one is the hero we all need?

    I personally don't subscribe or follow much in the way of charts, but do think it has merit for entrys or exits if your trading. Im not a trader, and typically get burnt buying and selling at the wrong time, as i would say the majority do. i would sooner just average down if i believe the long term fundamentals are strong. Your looking at a decline and seeing it down by 70% - Im looking at it like an opportunity to continue to accumulate and lower my average, knowing the fundamental sides pans out there's a high probability of making 750 - 1000% on my original investment, which as we get lower, is increasing.
    Where as you, and Jabra, while not holding. Stand to make exactly 0%

    Some of us aren't legends at charting like you and Jabra though so i guess i'm an Unethical spruiker that deserves everything coming to me.

    One final thing before i hit the ignore button. Knowing and understanding the human opportunity/cost for the cardioprotection side of things, and being able to support the company in bringing this to patients, hopefully very quickly, is going to make all of this pale in comparison. The money is obviously going to be nice if successful, but looking back if we all bailed like you and dived the company, i think id have more regret and what if's. But that's just me.
    Last edited by Kron00: 30/01/24
 
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