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13:08
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Originally posted by Jayse:
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I must say that your view is also simplistic, to look at a stock purely based on price action and volume means that you will be getting in at much higher prices than if you do the research and are investing in based on the value of what resource is in the ground and what money that is actually worth along with market cap valuations and getting in before the rest, at the start of a journey and getting in at the bottom which is where we are given our market cap. But as you say there are others in the stock market who will be looking at price action and volumes, safe to say we are now well and truly on the broader markets radar over the last couple weeks in particular through "your particular focus/ your indicator".
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Well, I completely disagree. If I buy on a break, and sell at a set target - the price I paid was exactly what I wanted it to be. The value of a company is only ever worth the price of the last stock traded. I am most certainly not part of any FOMO crew you mentioned. This stock came up on a scanner on Friday.
(20min delay)