GDA 0.00% 26.5¢ good drinks australia ltd

I find it hard to understand why people continually complain...

  1. 64 Posts.
    I find it hard to understand why people continually complain about not only GDA but other stocks as well when they are down, maybe these same people complain when they lose at the casino and horses.

    Take a look at the world around you, things are tough, is GDA down because of bad management, free shares diluting the sp, or is it just at the mercy of the financial markets like all stocks.

    Take a look at a few other stocks:

    CFR was 0.009 went to 0.02 now 0.011
    cmr " 1.47 " " 3.20 " 1.27
    cto " 0.44 " 0.17
    cvi " 0.17 " 0.091
    jml " 0.56 " 0.40
    mdl " 1.05 " 0.735
    mli " 0.48 " 0.205
    mxr " 0.25 " 0.125
    mel " 0.73 " " 1.52 " 0.82
    pna " 0.925 " 0.79
    tkg " 0.27 " 0.21

    I didn't take a lot of time going through the lists of stocks but you get the picture. GDA is not the only stock to rise and fall, some of you call GDA a dog stock, do you also use the same term for all stocks that have fallen, I think not, I think you only refer to a stock as a dog stock when you are losing money on it.

    The object of this game is to make money, and thats why people buy at 0.11 and sell at 0.14, smart people have stop losses set in place so as not to lose to much money at one time, buy at 0.17 sell at 0.15.

    I think a lot of the negative posts are from people who are losing money and didn't have a proper trading plan in place, they either are not in the stock for the long term and if looking to buy short have not set in place stop losses, simply they are scared.
 
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