These posts are the most dangerous of all - inciting naive peeps to hold onto hope- just so they have company- All market psychology at it's worst unfortunately....
The best investment advice - protect capital first - always another trade
I even noticed a post that talked about what a great trade this could be with a 2c rise - today- nutbags -
The actual trade was from .21- .33 and even then betting 500k??? really really delusional- like most of the newer losers around here-
Those types of trades would need to be executed with flawless TA and a guaranteed uptrend- if it was that easy - well would so many be sitting here under water--- oh please-
And even then they have no clue - you need to have the liquidity to get 500k in and out of the trade---
At least I know some are listening and doing the maths - at least that is a small win -
The one thing that really concerns me is that this seems more like people at a football match cheering for their teem- not a forum for discussing the facts of where this company is actually at-
And indeed when the numbers come out - and there is blood on the streets - that is where the Daytraders will step in for a bounce - they won't be holding overnight- you can bet your last screech on that -
SGH Price at posting:
18.0¢ Sentiment: None Disclosure: Not Held
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