Greed is a very strong motivating force.
The stock market is the arena where all the greed gets to play out.
Prices are manipulated in order to transfer wealth away from retail to BEOT over time. It is up to retail to either hold on, and nullify the effect of the manipulation, or pick the peaks and troughs and ride along with BEOT. This is why being able to read the charts has its merits and certainly can add value in protecting one's wealth imo.
So to our current situation. My belief is we are currently being manipulated down. I had a broker ring me this morning and said they had a client looking to buy a large number of shares. I told them where to go of course. How low can this go down? I have no idea, but these times are meant to test your resolve and I believe if you cave in now you lose.
Always important to keep enough cash in your accounts to get through tough periods. Otherwise, the market will eat you up.
All the best everyone. Looking forward to hearing about mine development progess and commencement of mining operations very soon.
G
- Forums
- ASX - By Stock
- ASX Today
Greed is a very strong motivating force.The stock market is the...
-
-
- There are more pages in this discussion • 11,072 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LTR (ASX) to my watchlist
(20min delay)
|
|||||
Last
82.5¢ |
Change
-0.015(1.79%) |
Mkt cap ! $2.000B |
Open | High | Low | Value | Volume |
82.0¢ | 83.0¢ | 81.3¢ | $9.331M | 11.34M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 140739 | 82.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
83.0¢ | 77690 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 140739 | 0.825 |
14 | 368899 | 0.820 |
11 | 433456 | 0.815 |
28 | 384809 | 0.810 |
9 | 308164 | 0.805 |
Price($) | Vol. | No. |
---|---|---|
0.830 | 53756 | 8 |
0.835 | 120902 | 5 |
0.840 | 189480 | 8 |
0.845 | 179245 | 9 |
0.850 | 196716 | 7 |
Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
Featured News
LTR (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online