GCN 0.00% 0.7¢ goconnect limited

netbay executes agreement with metro trains , page-17

  1. 294 Posts.
    Well i hate to say it but those day traders have done it again.
    They bought this morning at 5c plus hoping for the quick kill, but once again they walk away with their tail between their legs.
    Why ??
    Because they cannot afford to hold the stock. Because they are playing with money that they do not own. Simple.
    A cardinal sin which ever way you look at it.
    Todays announcement is a GREAT one for the future of GCN.
    The ones that are complaining now are the ones of course who are getting BURNT again.
    Unfortunately there is no such thing as easy money.
    38 million shares were bought at 5c or greater today.
    That's right 38 million.
    Now they are jumping over themselves wanting to get out at 4.5c would you believe. Work that one out if you can.
    It's as if GCN announced that the Wi Fi deal was not going to proceed.
    Did I miss something.
    They say a fool and his money are easily parted.
    Well I have witnessed many fools selling their shares for 20% less than what they could have 3 hours ago.
    To those that are dumping I hope this has taught you a lesson. For some the penny will never drop.
    DON'T SPEND MONEY YOU DON'T HAVE. PERIOD !!!!
    Feel sorry for the longtermers who believe in the story.
    It continues to be quite a ride.

 
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