I feel for all the traders and investors who bought up big around 5 to 6 cents when they were hoping for a break into 8 cents.
Any positive announcement will get sold into heavily with people wanting to exit and retrieve some money clearly lost on attempting to trade this one.
I loved the analogy of another poster who also got dismissed. The fish tank analogy was a beauty. All those dumb fish rushing up to grab the food. Smart fish just wait at the bottom.
People talk about research. Why is it the greatest amount of research seems to be done after traders have impulsively bought a stock?
I have respect and much time for people who were clearly in a stock before announcements made. Obvious they did there research.
Little time for those who buy the announcement and recite it over and over when they are left holding.
NMR Price at posting:
3.8¢ Sentiment: None Disclosure: Not Held
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