Exactly.....yesterdays sell off was a great example of irrational herd behaviour.
It's wise to take note of the following......
Don't be a lemming. An uninformed investor who exhibits herd mentality and invests without doing their own research often loses money.
- Stop looking at others to do the research and take the steps to study the facts for yourself
- Do your due diligence and then develop your own opinions and your final decision
- Ask questions about how and why people are taking certain actions and make your own decisions
- Delay making decisions if you are distracted, whether that's because of stress or any other external factor
- Take the initiative, be daring, and don't be afraid to stand out from the crowd.
No doubt informed investors will be buying hand over fist today at give away prices....as they were yesterday as the sp fell.
I'd be doing the same but no spare funds available.....but more than happy to hold and wait.
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Open | High | Low | Value | Volume |
7.6¢ | 8.2¢ | 7.6¢ | $274.3K | 3.434M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 176383 | 7.9¢ |
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Price($) | Vol. | No. |
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1 | 176383 | 0.079 |
2 | 507692 | 0.078 |
1 | 280000 | 0.076 |
2 | 601780 | 0.075 |
2 | 20001 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.082 | 28514 | 1 |
0.084 | 30000 | 1 |
0.085 | 6300 | 1 |
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