I commiserate with those who have lost money – I am a member of that club.
I’m with Timmy K on this.
Which is worse – a company spruiker who encourages people to hold on to a stock with a share price that is falling in value over 10% per week or a down-ramper aka trolls and monkeys who convinces someone to sell the same stock?
In the first case, an investor will only get their money back if the price goes up which requires a fundamental improvement in company performance which is out of their control.
In the second case, they lock in value and get that portion of their money back with no further decrease. They then have the choice of buying back in should the share price look like going back up or simply maintain the value of their realised sale if the share price drops by keeping it in cash or reinvesting elsewhere.
MSM Price at posting:
6.0¢ Sentiment: None Disclosure: Not Held