That's the problem with Gen Z investors - they have almost NO patience and wanted their stock to double or triple 5 minutes ago.
"But mum - he did say the SS was due in Aug! Why dont we have it? That's fine - I'm going to dump my stock. You promised me it would double in value. I wanted it double in value yesterday, not today and I certainly cannot wait till tomorrow"
A lot of today's day traders and very short term traders are Gen Z and they treat the stock market like their own personal gambling den.
Gone are those days when the ASX was merely a tool to allow you to buy some stock on a well researched company, put in into the bottom drawer and reaps the benefits of your investment a few years down the road.
We have all become petulant children with that instant gratification monkey on your back.
I agree completely with what you said mate.
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Mkt cap ! $7.620M |
Open | High | Low | Value | Volume |
11.0¢ | 11.5¢ | 11.0¢ | $4.122K | 37.36K |
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---|---|---|
3 | 16208 | 11.0¢ |
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2 | 41000 | 0.105 |
9 | 172100 | 0.100 |
1 | 35000 | 0.091 |
5 | 82332 | 0.090 |
Price($) | Vol. | No. |
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0.120 | 16696 | 2 |
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