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General Day to Day Banter, page-689

  1. 752 Posts.
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    Retail isn't dumb.

    Far from it.

    You are probably one of the smartest.

    Your average is 4c.

    We already know what we have and know what is coming.

    It's like you valuating us to be a 10-20Moz resource prospect. Very Smart.

    But what isn't smart is keep buying into the price the insto brokers want to sell at.

    Everyone that has bought is bleeding from the behind.

    Like when you were buying around 15-16 cents. You are now down from your investment.

    You are lucky that you average is still 4cents.

    But many here are not so lucky and incurring paper losses which is not nice.

    We want all retail to do well. How retail does well is that when you know there is a seller desperate to get out. You force them out at a price that is good for you. Not them.

    The broker report indicates that they are happy to keep dumping into retail buyers.

    So with this info why not force them out lower?

    Retail are not charities.

    How about we make these insto brokers bleed!
    Last edited by timjames109: 17/12/21
 
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