All traders lose eventually my friend. You're best to pick quality companies, buy at a fair price, and then hold long (else you'll be fighting algorithms all day). WBT is probably the highest quality semiconductor company on the asx (imo) - but it's still speculative in all senses of the word. Ie, they do not have proper cashflow yet, that can be self-sustaining....but they are working on it. If you're looking to day/swing trade, you have to set some really hard and fast rules, and stick by them at all costs (in my experience); else you'll find yourself 'stuck'. Anyway - just my rant - I really like wbt at these levels (i also liked it at 3.00) - but I like larger, higher quality companies better (woodside, resmed, telex, etc).
WBT Price at posting:
$2.14 Sentiment: Buy Disclosure: Held
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