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clock Created with Sketch. 05/03/21
08:06
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Originally posted by thelocalbloke:
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At the end of the day, everyone has a reason to buy or sell their shares for whatever reason they feel the need to. Upramping and downramping has very little affect on the market and more effect on the individuals that respond. Some people sell to pay bills, some take profits to put back in the bank so the wife doesn’t kill you and some sell thinking that they can re enter at a cheaper price. If punters have the stomach to make a call to sell at a certain price and re enter lower, bloody ripper..... teach me as I’m shit at picking entry and exit points. I’ve got about 600 thousand shares , had I had the balls to sell at 70c I’d have $420k. If I then re enter at 50c, I would pick up 840 thousand shares. That means I get 240 thousand shares free of charge ontop of my original 600. Bloody good on them I say. I’ve tried this and messed it up most times and end up feeling sick, but I don’t begrudge the guys that nail it. Nothing to do with week hands or down/ up ramping just lucky I think. I really do feel that out share price will get to somewhere between $1.80 and $2.50 within the next 6 months but we are not in control of the market. If you think that great management is the key or great announcements are the key or future potential is the key you are wrong.... we have all these things in abundance, we released a fantastic announcement with IPAY88 as a tie up and dropped 24% since.... I was liking my lips with the rest of you thinking, bugger me I’m guna be rich at the end of the day . The market is down, confidence is down, BNPL stocks are down. It’s not a puzzle. We will go with the market and when the big players have finished with the games and accumulated enough shares, they will then let it go and push it up.
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Hi the localbloke,
(20min delay)