RNU 1.22% 8.1¢ renascor resources limited

General Discussions, page-6609

  1. 1,621 Posts.
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    What a timely post. I learned a lesson today. Not an expensive one, but a very valuable one. Yesterday I was bitching about how I wanted to buy more stock @ 0.32. Price was coming down all day yesterday and hovered around 0.325 at the end of the afternoon just to tease me. Then this morning I intermittently watched the price rise and was worried it was going to rise too high, thus diluting my current stock. What did I do??? I bought at 0.33. Now this isn't much more to pay, but I learned something I already knew in my head. "Don't chase a stock". And so the lesson ends with the stock then not only dropping to 0.31, but then sits for most of the day at the 0.32 that I originally put my order in at......mocking me, but also making sure I remember this lesson. Make the market come to you, not the other way around!

    Now if Deep Yellow falls from 0.85 to 0.70 after I chased and bought at 0.79, I'm not gonna be happy. I may have the same lesson come and kick my arse again.
 
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