BIT 39.3% 1.7¢ biotron limited

$10 Billion Deal, page-12690

  1. 1,992 Posts.
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    https://hotcopper.com.au/data/attachments/6192/6192187-e94f2fef2f9c7544bb0a593b8ec29716.jpg
    "you are downramping to get cheap shares".

    i love the above narrative. I find it fascinating. This concept is not just solely tied to this stock, you camhttps://hotcopper.com.au/data/attachments/6192/6192184-41c8514c27f8e7f8d470e086fa3f9521.jpg
    find it on every stock that struggles.

    the thesis is, if some one critical it's atomically assumed they are doing so, in order to get "cheap " shares (see scotdogs post yesterday).

    See an example where I called out issues with the chart on SHP at 9c, then 7c.... now it's 1c. Did I buy cheap shares, certainly not.

    the biggest lesson I've learned, is only buy when stocks are showing strength. Much better returns when you buy into strength .
 
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