SPX 11.1% 1.0¢ spenda limited

CRO chart, page-802

  1. 12,830 Posts.
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    Remember ....being down 50% and being down 50% due a sector wide move in ONLY 1 month are not even remotely the same thing. And yet they would have you believe that every newbie who bought in at 21 has held all the way down to 7.2 cents and then sold out. Or why wouldn't they have gone the way of a 10 - 15% stop loss. That doesn't seem to be being discussed at all here.

    Or even better discussion would be , had the newbies paid more attention to what was going on around them in the overall sector which some on here have chosen or simply not recognized in the first place.....would they have made better decisions on their entry and / or stop losses. I remember beefarmer specifically giving this other poster over on APT and ZIP massive props for his SP calls of $165 for APT backed up mostly on just opinion .....but of course we all know now that it never got there and is now currently floundering around $108 and even flirted with $99. So what about those Investors who believed in what beefarmer was selling and are now down between 32 - 38 %. Not sure if anyone is calling out that fellow.

    I mean I stated that the SP would be back over the capital raise pricing in short order , and those same dowrampers stated " on what basis " and " Newbies Beware " , and yet here we are conveniently hovering around the WVAP and not far off from the pre - capital raise closing price of 11.5 cents.

    And now these same few who didn't acknowledge or recognize the sector wide sell off , are the same ones who didn't see or comment on the fact that the rest of the sector was down 2 -3% just on the past Friday while CRO enjoyed an upwards push of 5 - 6% to its close of 9.8 cents.

    And now conveniently , these same few are demanding you respect and acknowledge their credibility because they are now stating we are ALL safe now , and the upwards trend is intact. Can't any of you see what is actually going on here. Biggest con job I have ever seen or been privy to in my entire life. Now they not only want to blame ALL those who said the SP aberration was temporary , they now want to claim credit for calling where the SP is sitting now.

    So If you are down 50% and it's just a month , you are either impatient , or just silly for not averaging your position as the situation was clearly unfolding from the mid 6's . And unfortunately that is nobody's fault but your own.

    But what I would say again is that it is only a MONTH for crying out loud. And if you're still in , surely you can clearly see the daylight in front of you on the SP.

    And let me tell you , you don't need to be an student Chartist to even know that. O,K , so is its still languishing around these same levels come June , then reassess your position for tax purposes. Or even reassess it now for all it matters. But do it because YOU decide to do it , and NOT for being fearmongered into it by some faceless identities on HC who keep reminding you of how stupid your are this .....and because your a ' Newbie ' this or that ....or even because they are constantly blaming others who hold the stock for your personal misfortunes or bad timing.

    Play the game , man up , and set your expectations in this business for longer than just 1 month. Particularly when their is potentially all kinds of favorable news which could be released at any given moment. And you can apply that to almost any stock at this end of the investing spectrum Probably more though with respects to CRO because of the nature and attention of the BNPL sector more generally.

    Then when you are done all this self- analysis , conducted the post mortem on your decision based on your own research .....Ask yourself why was CRO up on Friday 6% when ALL the other heavyweights in the Industry were down.

 
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Last
1.0¢
Change
0.001(11.1%)
Mkt cap ! $43.24M
Open High Low Value Volume
1.0¢ 1.0¢ 0.9¢ $2.109K 231.3K

Buyers (Bids)

No. Vol. Price($)
18 10001408 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 4124830 11
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
SPX (ASX) Chart
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