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Gassed, In my experience it's better to buy a stock when there...

  1. 1,229 Posts.
    Gassed,

    In my experience it's better to buy a stock when there is momentum behind it by that I mean when volume comes in and the sp has an upward trend.

    I am suggesting there is money on the sidelines just waiting for that to occur with ICN.

    Let's face our history has not been good although I personally am opamistic for the next drill results hence I am holding for now.

    Re bots,

    Historically the rules allow such trading as does shorting a stock.

    IMO I hate shorting of any stock and IMO it should be banned but the law in this country allow it on the basis that any turnover is better than none, again I disagree with the law but that's the share market for you.

    As for bots I don't really care either way as long as the sp remains stable pending a good announcement of which we have had none for a while.

    When all is said and done if we hit the sweet spot in 855 then nothing will stop the sp IMO doubling at least.

    Oh and to add one more thing the stock market has never been a level playing field.

    Katok get well soon dear friend
 
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