Bernard,
Here is a typical scenario:
1- You decide to take a punt and risk 10,000$.
2- The price drop and you loose 20% of your investment (2000$ is not a big deal).
3- There is an spp with a tiny discount. Typically 5%. You add another 5000$ to average down and take advantage of the 5% discount...you feel u have advantage because of the 5% discount.
4- The sp goes down another 20% and there ius another spp of 5000$. You send 5000$ to save your investment.
5- The sp goes 50% down and there is another spp. At this point you are do not care and send another 5000$.
6- The sp goes down another 30% when the company announce during the quartly report that they produce less than 10% of what they promised.
7- You look at yourself at the mirror and say: "Geesssssss I ment to risk only 10,000$ and I ended up losing more than 20,000$...I wonder what went wrong!"
8- No point to sell now! Just pray and read HC.
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0.5¢ |
Change
0.001(12.5%) |
Mkt cap ! $13.5M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $5.585K | 1.2M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1953260 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 7096970 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1953260 | 0.004 |
15 | 10787354 | 0.003 |
9 | 10895025 | 0.002 |
10 | 14202988 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 7096970 | 16 |
0.006 | 19946758 | 7 |
0.007 | 2263000 | 4 |
0.008 | 4593671 | 7 |
0.009 | 2846323 | 5 |
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