OT. I am seeing this time and time again of late...
Lots of impatient novice type of trading on these penny stocks... (same size parcels bought and sold in a hurry majority of it with downward movement on SP). I reckon its all the novice retail jockeys!! They keep selling at a loss IMO, and each time their capital is reducing. Retail, dont chase losses! dont chase the SP up without having sheering conviction or holding capacity!
I am happy to get my low-ball fills but i am saddened for the punter that is getting the wrong impression (just to hard attitude) about trading! At the end of the day as a market participant we want folks to stick around trade.... as pros we wont more participants.. because thats where we can realise our edge...
