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54.5¢ slater & gordon limited

I agree with you. There'll be many retail punters making quite a...

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jarvoid

222 Posts.

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18/02/16

16:48

Post #: 17056517
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Originally posted by NCRAW ↑

Good post. Sadly with life, most of us will always, at some point, try to find an escapegoat. Longs, like myself, are in the market to make money and so are the shorters. You can call them scum etc but its part of the game, we all pay it and there will be always winners and losers, sadly im on the losing side at the moment and down with no stop loss. Whos fault? mine and only mine.
Maybe the tide will turn but unless there is concrete bit of news with a leak, at this stage it is all nothing but speculation, even technical and charting will not give u much about the 29th. Its all fundamental from this point till the announcement. I'm actually concerned that even good news will not drive price up post 1 dollar due to sheer massive volume of cheap stock bought in past 2 months (a bit like A2M yesterday where I should have sold when i was 25% up by 10:30 then suddenly plummeted as cheap buyers cashed in). On the other hand I made the mistake of selling BAP early this morning when I didn't pay attention to volumes and its still climbing.

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I agree with you. There'll be many retail punters making quite a bit of profit when they sell at 90, 100, 110 etc. I am in the same boat, will take a while to get back what is currently a paper loss. btw, it is "scapegoat"

SGH Price at posting: 72.0¢ Sentiment: Buy Disclosure: Held
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