IMC 4.00% 9.6¢ immuron limited

trading halt - capital raising, page-47

  1. 85,587 Posts.
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    imo this is a classic play - dreadful game, but that is investing in australia.


    investors - jump out immediately on resumption, in either fear or the hope of buying lower.

    the price drops dramatically - but not enough to make it worthwhile getting back in.

    the price is chased up a bit - and people wait - wait for another entry and a chance at the rights.

    It never really comes.

    the issue happens and the sp perhaps lingers for a while and maybe gets sold down a bit.

    news comes and it rockets - leaving a bitter taste for many.

    Seen it before - dreadful game, but that's the game.


    we are not allowed to give advice here - but, may I make a suggestion ---------

    if you have been burnt here - if you have exited or plan to exit -------------- fine ------------ one suggestion though -

    don't take your eyes off it --------- we have a strong tendency to not look back --------- that's fine for no regrets --------

    but, stocks like this have a habit of going north strongly on you after you have taken the pain.

    The train leaves and you are not only not on it - you don't even know the bugger has left.


    Keep it on your watch screen ---------- don't let the pain teach you the wrong lessons.

    Have a great day all

    Pinto
 
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