CGB 0.00% 2.1¢ cann global limited

Some thoughts because it seems there are a lot of newcomers here...

  1. 18,262 Posts.
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    Some thoughts because it seems there are a lot of newcomers here ...

    1) high risk stocks are a risky investment. Don’t invest more than you can afford to lose.

    2Choose your style ; (Fundamental analysts study everything from the overall economy and industry conditions to the financial condition and management of companies. Technical analysis is the evaluation of securities by means of studying statistics generated by market activity, such as past prices and volume.)https://www.investopedia.com/ask/answers/131.asp

    3)no matter how big you are there is always someone bigger. Most people on these threads are minnows swimming with whales - the whales create all the tides and have teeth ( they are actually white pointers not whales)

    4) Everyone who comments  has an agenda whether; altruism, manipulation, glory-chasing, social engagement, seeking a dealer, learning , avoiding homework, housework, work etc
    And there are all types ; over years I have gathered there are real fund managers, people pretending  to be fund managers, movie stars, ‘robots’ who are not real people at all, those paid to run stocks up or down, ten year olds and ninety year olds.

    5) you win some you lose some.

    6)don’t trust online (any) media sources unless they have squeaky clean credentials.

    7)Shorting is not the reason a price goes down.  Shorters simply gamble a price will go down just as the rest of us gamble that it will go up. Some stocks even go up while they are being shorted because the price fluctuates during the course of the day.
    -Prices really most often go down because there is a ‘black swan’ eventful some kind (see stock code RFG)  because the business has indicated it will not or has not met expectations,  or because there has been a “pump and dump”. ( more sophisticated traders buy a stock and then create excitement in various ways. Eg postings here, creating runs so that there is pressure buying ‘up-ramping ‘ in various ways then sell out when they reach their desired profit point. If you are a bank or other large entity playing with QBL you can trade thousands in seconds, create “walls” around the price and basically play poker with the other large entities. Then you leave the room leaving what may sometimes be a worthless stock in the hands of the unwary.

    8)when you see averages of more than $4 million dollars a day being traded on any micro cap stocks  you can feel very certain that big players are playing it and that it is being ‘churned’.

    9)you are buying part of the company, you are trusting it’s managers. Check their credentials .
    (Someone posted this stock has been a fluffy no account co for many years which is of concern to me unless there is changes to/new focus to Management.)

    10) choose an exit strategy at the same time as you buy the stock.

    Cheers
 
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