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11/04/16
08:38
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Originally posted by Dino2309
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people sold this as a 100% domino effect,
didnt have time to read or think as stock price just started to free fall,
even with a positive ann title,
seems everyone was confuse and just followedto massive dump.
bet not many expecteded reversal specially after two day trading halt (bad timing)
on other hand MTR had time to take in the result and therefore wasn't dmg as much.
im going ask a simple question to people who sold at the opening!
when you sold ur share on opening, morning or afternoon.
who actually had chance to read the ANN? did any of you had the time to think about the ann? before selling
(no one i knew did )
I reckon everyone was confuse to why it was free falling even when you assumed the ANN was good or at least you knew it wasn't negative
so why did you sell?
no one was thinking it was clearly 100% domino effect,
some of my friends login aftet the opening well you guessed it "drop he dropped everything very next thing".
not everyone would have seen the share at the same time as opening
but people would have done the same thing.
yes probably share was overvalued
but
clearly this is the reason we have now over sold at this stage.
this is just my own opinion
but please ask your self why did u actually sold the stock?
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You have to trade these these small mining stocks some people were up 300 or so percent in a few weeks why let that opportunity evaporate in hope of something better. Very few of these penny miners are a buy and hold.