You should remember that it is highly likely that those people you are feeling sorry who sold out yesterday at 2 cents could very easily have been the same people who bought in at 1.5 cents on 21 October (a mere 20 days ago!) and have sold for a very tidy 33% profit,
For example on a $50,000 trade they would have made $16,500........
...... still feeling sorry for them now?
Not everyone is here for a long time.... most are here for a good time (traders) and there is a bundle of cash to be made if you are that way inclined.
DK
CXY Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held