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AffluentFoodie

125 Posts.

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21/12/17

11:46

Post #: 29798861
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Originally posted by goldbear77 ↑

you need to know how to trade though.

know how to read spinning top candles etc + understand valuation relativities in the market

if you dont have those skills you're generally better off buy and holding - retail people end up selling lows and buying back in higher whent hey try to trade because they trade on price momentum

as ive mentioned before, since algos came in the short terms highs are higher and lows are lower - they use cfds and trading algos to pump stocks up during risk on for the sector - then deflate it when they shift to another sector

thats why ive been banging on about valuations and the wide range of values that can apply to high growth spec stocks

i can make a case for bud being worth $100m or $600m mkt cap - depending on how hot high growth tech is

thats because its all about how you choose to interpret how ironclad the contract guaranteed minimums are - which is driven by your bias for the stock/sector/outlook and those of the other market investors + if you are feelign really bolshy - an overlay for future dala sales and distribution growth

but in the here and now the mgt set expectations that havent been met - the cause is irrelevant as is whether the market is to blame for some of the excess expectation - stock gets sold off until expectations to price are back in balance

it would likely have held higher - but its come at a time when marklet has decided to rotate its overall sector allocations. thats what sped up the price falls in past week

happens all the time. really nothing to see here

if you;re too late to sell a top the key is to focus on your reason for investing in the company - assuming its an actual investment not a trade

if the investment basis is still sound - the daily up down of share price is just noise - because you;re looking at the 3 year view

but this is also why i said everyone should learn both trading and valuation skills if they can

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YES! Exactly!

BUD Price at posting: 27.0¢ Sentiment: Hold Disclosure: Held
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