We can be 'right' and the market 'wrong' but how the market acts is really what matters.
Many have been had here (specially those that bought right near the top), typical pump and dump by brokers. 1PG had a great growth story earlier in 2015 and RFN was the perfect stock to P&D with the promise of it being the next 1PG. Typical pump from day 1 by definition and then an even more typical dump (which we are now feeling the inertia of).
There would have been no negativity in the market should this had organic growth to date from 20c IPO to 55c today, still very impressive. Unfortunately with the unnatural pump many got stuck buying at higher prices and only a few made a serious fortune along the way.
I believe in the company's growth and have confidence in management but as an investor I surely hope that we will now be left alone to grow organically as much that sounds naive (yes some companies are that lucky).
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0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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