The tragedy of the stock markets is that so called brokers say something and the herd starts thinking - 'this might be it'. I have a list of companies gathered in 2 years that Reuters called 'strong buy' - ALL OF THEM (100%) are now heavily down - if I invested $100k on Reuters BUY recommendations I would be now sitting on $72k net loss ! 72% down ! The same applies to other so called 'analysts' like M.Fool - 1 year ago they said the MOC is in trouble. at that time MOC was near $1.3 level, today it is almost $3 ! And the story goes to other stocks.
The problem is that most of those guys are paid to say what they are to say. Almost 5 years ago AFR posted BUY recommendations - one of them was NOD - at that time was near 80c. Today thay hover around 6 c. This is 90% loss !
So my advice is : if you do not want to loose money =- then nevcer listen to analysts and to brokers.
Actually - I do the opposite - if the broker says BUY and I have the stock already then I am on alert an ready to sell at the first warning signal.
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Last
32.5¢ |
Change
0.015(4.84%) |
Mkt cap ! $395.9M |
Open | High | Low | Value | Volume |
31.5¢ | 33.5¢ | 31.0¢ | $1.234M | 3.812M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 109416 | 32.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
33.0¢ | 27921 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 107863 | 0.325 |
4 | 73000 | 0.320 |
2 | 618928 | 0.315 |
5 | 56086 | 0.310 |
4 | 49578 | 0.305 |
Price($) | Vol. | No. |
---|---|---|
0.330 | 27921 | 2 |
0.335 | 221545 | 2 |
0.340 | 218824 | 5 |
0.345 | 147600 | 3 |
0.350 | 166025 | 4 |
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